Core Viewpoint - Yutong Bus (600066) emphasizes its commitment to the "electrification, intelligent networking, high-end development, and internationalization" strategy, aiming to strengthen its leadership in various market segments while expanding its international presence and enhancing global competitiveness and brand influence [1] Group 1 - The company focuses on leveraging its core advantages in new energy and intelligent networking [1] - Yutong Bus aims to consolidate its leading position in various niche markets [1] - The company is steadily expanding its international market presence [1]

Core Viewpoint - The company emphasizes its five core advantages in cloud services, which include global cloud network integration, intelligent heterogeneous adaptation, minute-level elastic delivery, light-asset cost optimization, and full-stack security compliance [1] Group 1: Global Cloud Network Integration - The company covers over 50 countries and regions with its nodes, enabling global deployment within 5 minutes [1] - The self-developed GIC platform allows for low-latency scheduling across regions, effectively avoiding cost pressures in single regions [1] - The service is designed to adapt to cross-border scenarios [1] Group 2: Intelligent Heterogeneous Adaptation - The company utilizes a self-developed architecture that integrates GPU, CPU, and domestic chips under the "one cloud, multiple cores" model [1] - It supports both NVIDIA and domestic chips, ensuring autonomous control and flexible high-end computing power supply [1] Group 3: Minute-Level Elastic Delivery - The company achieves minute-level activation and elastic expansion through a model of "exclusive physical resources + cloud management" [1] - This allows for flexible billing and rapid fulfillment of customer business deployment needs [1] Group 4: Light-Asset Cost Optimization - The company adopts a "self-built + managed" model, avoiding additional depreciation costs [1] - Elastic management enhances resource utilization, maintaining cost competitiveness during price increases [1] Group 5: Full-Stack Security Compliance - The company implements single-tenant physical isolation and VPC exclusive networks to meet data security requirements in compliance-heavy scenarios like finance [1] - This approach reduces compliance risks and additional investments while enhancing customer loyalty [1] Group 6: Overall Strategy During Price Increase Cycle - During the cloud price increase cycle, the company focuses on cost reduction through global scheduling, supply assurance via heterogeneous adaptation, efficiency enhancement through elastic delivery, and risk control via light-asset strategies [1] - This strategy meets customer demands for high performance and low latency while creating differentiated barriers in cost and compliance [1]

证券日报网讯2月13日，万泰生物（603392）在互动平台回答投资者提问时表示，股价波动受到宏观经 济、行业周期、市场情绪等多重复杂因素的共同影响。公司九价HPV疫苗在与进口疫苗的"头对头"临床 试验中，证实免疫原性与安全性相当，同时公司严格执行高标准的质量管理体系，保障了产品的安全有 效和均一稳定。自公司九价HPV疫苗上市以来，接种工作正在全国平稳、有序推进。 ...

证券日报网讯2月13日，恒源煤电（600971）在互动平台回答投资者提问时表示，截至2月10日股东人数 40673户。 ...

Group 1 - The core point of the article is that Haige Communication's subsidiary, Xi'an Chida Aircraft, successfully completed the maiden flight of the flexible configuration heavy-duty drone "Jiutian" on December 11, 2025, marking a significant technological breakthrough in China's large drone sector [1] - The project is expected to contribute to the innovation and upgrade of the aviation industry in China [1] - Currently, the project has not had a significant impact on the company's business or financial performance [1]

证券日报网讯2月13日，金螳螂（002081）在互动平台回答投资者提问时表示，公司装修业务所涉及的 主要为钢、铝等基础金属材料，金、银等贵金属基本未涉及。同时，公司在项目投标与合同签订过程 中，已将原材料市场价格波动因素纳入报价机制予以统筹考量。当前相关材料的价格变化对公司整体利 润影响有限。 ...

证券日报网讯2月13日，银龙股份（603969）在互动平台回答投资者提问时表示，陕西航空硬质合金工 具有限责任公司是集硬质合金材料及刀具研发、生产及服务为一体的专业化企业，致力于为装备制造提 供硬质合金切削刀具及配套服务，陕硬公司产品主要应用于航空、航天、发动机、汽车、高铁、汽轮机 等领域。 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has initiated an investigation into Shenzhen Yingjixin Technology Co., Ltd. for misleading statements related to information disclosure, particularly concerning their involvement in the brain-computer interface (BCI) chip sector [1][3]. Group 1: Investigation and Regulatory Actions - The CSRC has opened a case against Yingjixin for misleading disclosures made on January 6, where the company claimed to have launched a chip for BCI applications, which was later clarified to be in the market cultivation phase and not significantly impacting company performance [1][2]. - Other companies, including Ningbo Rongbai New Energy Technology Co., Ltd. and Shenzhen Yahui Long Biotechnology Co., Ltd., have also been investigated for similar misleading disclosures, with Rongbai facing a proposed fine of 9.5 million yuan [1][4]. Group 2: Misleading Information and Market Reactions - Yingjixin's January 6 response on the Shanghai Stock Exchange's E-interaction platform was deemed misleading as it did not accurately reflect the product's launch entity, sales scale, and the significant technical differences from international products [2][3]. - Following the misleading information, Yingjixin's stock price rose by 4.51% on the day of the announcement, despite the subsequent clarification that the product was not yet commercially viable [2][3]. Group 3: Broader Industry Implications - The regulatory actions against multiple companies signal a clear stance from authorities against "hype-driven" disclosures that mislead investors, emphasizing the need for accurate and complete information [4][7]. - Companies are reminded that voluntary disclosures are not exempt from regulations, and misleading statements can lead to significant penalties and regulatory scrutiny [7].

Group 1 - The Civil Aviation Administration of China predicts that the passenger transport volume during the 2026 Spring Festival travel season is expected to reach a historical high, with domestic flight ticket bookings exceeding 13.48 million, representing a daily increase of approximately 9% compared to the previous year [1] - International flight ticket bookings have also seen significant growth, with over 2.13 million tickets booked, and daily bookings for inbound flights increasing by about 15% compared to last year [1] - Major travel destinations include Beijing, Shanghai, Chengdu, Guangzhou, Shenzhen, Kunming, Chongqing, Hangzhou, Xi'an, and Harbin, with cities like Beijing and Kunming showing over 13% growth in daily ticket bookings compared to the previous year [1] Group 2 - The market for winter vacation travel is diversifying, with destinations like Haikou, Sanya, and Kunming experiencing stable growth in ticket bookings, while cities like Zhanjiang and Xishuangbanna have seen over 15% growth compared to last year [2] - North Bay has emerged as a new choice for tourists seeking sun and beaches, with a 36% increase in daily ticket bookings compared to the previous year [2] - The data indicates a structural upgrade in China's tourism market, with a shift towards diversified and experiential consumption, reflecting an evolving consumer mindset [2] Group 3 - A notable trend is the rise of "reverse reunion" demand, where travelers opt to visit first-tier cities like Beijing, Shanghai, Guangzhou, and Shenzhen to reunite with family members working there, with some routes seeing ticket volumes increase by over five times [3] - The "70s" generation, now entering retirement, is increasingly open to new consumption experiences, contributing to the shift towards this new reunion model [3] - This trend not only optimizes transportation capacity during the Spring Festival but also reflects a change in family reunion paradigms from traditional one-way returns to a more dynamic two-way flow [3]

Core Viewpoint - The company, Wanrun Co., Ltd. (002643), announced a share buyback plan by its controlling shareholder, China Energy Conservation and Environmental Protection Group, with a planned investment between RMB 365 million and RMB 730 million [2] Group 1: Share Buyback Plan - The controlling shareholder plans to increase its stake in the company through a buyback program starting from November 24, 2025, for a period of six months [2] - The total amount intended for the buyback is not less than RMB 365 million and not more than RMB 730 million [2] - As of December 3, 2025, to January 6, 2026, the controlling shareholder has acquired 7,504,211 shares, representing an increase of 0.81% [2] Group 2: Progress Updates - From January 7, 2026, to February 11, 2026, the controlling shareholder further acquired 9,221,963 shares, marking an increase of 1% [2] - The company will continue to monitor the buyback situation and fulfill its information disclosure obligations as required [2]