Core Viewpoint - Changcheng Securities is expected to achieve a net profit attributable to shareholders of the listed company between 2.29 billion yuan and 2.45 billion yuan in 2025, representing a year-on-year growth of 45% to 55% [2] Financial Performance - The net profit attributable to shareholders for the current reporting period is projected to be between 229.057 million yuan and 244.854 million yuan, compared to 157.970 million yuan in the same period last year [2] - The net profit after deducting non-recurring gains and losses is expected to be between 229.376 million yuan and 245.173 million yuan, also reflecting a growth of 45% to 55% year-on-year [2] - The basic earnings per share are forecasted to be between 0.57 yuan and 0.61 yuan, up from 0.39 yuan in the previous year [2]

Core Viewpoint - Tencent is strategically positioning its AI assistant, Yuanbao, to integrate AI into social interactions rather than replacing human communication, focusing on enhancing user engagement through social features and cash incentives [2][10]. Group 1: AI Integration and Features - Yuanbao has launched a social AI feature called "Yuanbao Pai," allowing users to create or join groups where they can interact with the AI for summarizing conversations and organizing activities [4][5]. - The platform will soon introduce features like "watch together" and "listen together," leveraging Tencent Meeting's capabilities for shared experiences [5]. - Yuanbao's integration with WeChat and QQ allows users to invite friends and share links, enhancing its social connectivity [5]. Group 2: Cash Incentives and User Engagement - Tencent announced a 1 billion yuan cash giveaway to promote Yuanbao, with individual red envelopes reaching up to 10,000 yuan [7][8]. - The cash distribution strategy is reminiscent of Tencent's previous successful campaigns, aiming to boost user engagement and retention [8]. - Users can earn additional chances to win through tasks, encouraging daily interaction with the app [7]. Group 3: Competitive Landscape - Other companies, such as Baidu, are also exploring AI group chat functionalities, but Tencent's approach emphasizes light interactions based on real social relationships [6]. - The competitive landscape shows that various players are integrating AI into their platforms, with each company adopting different strategies to capture market share [11]. Group 4: Organizational Adjustments and Strategic Direction - Tencent has made organizational changes to enhance its AI capabilities, including the establishment of new departments focused on AI infrastructure and data [11]. - The company is committed to a steady and thoughtful approach to AI development, prioritizing long-term product competitiveness and user experience [10].

北京商报讯(记者马换换李佳雪)1月28日晚间，长江投资（600119）披露公告称，公司股票可能被上交 所实施退市风险警示。 对于业绩预亏的原因，长江投资表示，受到市场竞争加剧影响，公司国际货代业务、汽车物流业务收入 下降，未能覆盖日常运营开支。 公告显示，长江投资预计2025年年度实现利润总额-3000万元到-2000万元；预计2025年度实现归属净利 润为-4500万元到-3000万元；预计扣非后归属净利润为-4800万元到-3300万元。公司预计2025年度实现 营业收入为1.8亿元到2.2亿元，扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入 为1.79亿元到2.19亿元。若公司2025年度经审计的利润总额、净利润或者扣除非经常性损益后的净利润 孰低者为负值且营业收入低于3亿元，根据规定，公司在2025年年度报告披露后可能被实施退市风险警 示。 ...

北京商报讯（记者 何倩 实习记者 毛思怡）1月28日，北京商报记者从京东获悉，京东航空"武汉=曼 谷"定期国际货运航线正式开通，搭建起华中地区至东南亚市场的空中通道，京东航空亚太航空物流网 络布局再添关键支点。 京东航空相关业务负责人表示，"武汉=曼谷"航线去程搭载武汉光谷高价值电子产品、精密仪器及普 货、电商包裹，助力"鄂货出海"；回程重点运输以榴莲为核心的泰国热带水果及东南亚特色生鲜，从而 丰富华中进口市场品类。 截至目前，京东航空已构建覆盖日韩、东南亚、南亚的国际货运网络，陆续开通二十余条定期国际航 线。今年年初，京东航空首架A330宽体货机正式入列，进一步提升长距离、大载重运输能力。未来京 东航空将进一步拓展华中至东南亚、欧美市场的货运航线。 该航线由737-800BCF全货机执飞，单程最大业载达22吨，可满足各类货物批量运输需求；航班频次按 季节动态调整，其中1-10月份每周执飞三班（周二、周四、周日），11-12月份进行航班加密，每周执 飞五班（周二、周三、周四、周五、周日）。依托定班直飞与高频稳定优势，实现货物"即装即运、快 速通达"。航线开通当日，"京东物流（武汉）进出口商品集散中心"正式挂牌 ...

Group 1 - The core business of cardiovascular interventional products has shown steady revenue growth, while the inventory clearance in the retail channel of the pharmaceutical segment is nearly complete, leading to double-digit revenue growth for Lepu Medical [1] - Lepu Medical forecasts a net profit attributable to shareholders of 800 million to 1.2 billion yuan for 2025, representing a year-on-year growth of 223.97% to 385.95% [3] - The net profit after deducting non-recurring gains and losses is also projected to be between 800 million to 1.2 billion yuan, with a year-on-year increase of 261.29% to 441.93% [3]

Core Viewpoint - Shentong Express has reported a significant increase in express delivery volume, exceeding last year's daily average by over 20%, indicating a strong demand for the upcoming Chinese New Year shopping season, comparable in scale to "Double 11" [1] Group 1: Delivery Volume and Market Trends - The express delivery volume during this year's Chinese New Year shopping season is expected to be high and prolonged, significantly longer than traditional e-commerce promotions [1] - Big data forecasts suggest that the overall scale of this year's delivery volume will be comparable to major shopping events like "Double 11" [1] Group 2: Operational Adjustments - In response to the anticipated peak in delivery volume, Shentong has activated a peak operation mode across its 76 direct transfer centers nationwide [1] - The company is utilizing its self-developed intelligent system to adjust capacity in real-time, ensuring stability in delivery timelines despite extreme weather and fluctuations in volume [1] Group 3: Product Offerings - Shentong's quality network, Dan Niao, has launched a "Flash Purchase 4-hour delivery" service in 16 key cities to enhance its product matrix [1]

据悉，该车型将全球首发12项黑科技，成为全球首个搭载L3自动驾驶的MPV、全球首个拥有超级魔毯 的MPV，打破传统豪华品牌规则，重新定义MPV在智能化、舒适性与豪华体验上的价值天花板，并将 于2026年下半年上市， 2026年，岚图加速完成MPV系列化布局，推出岚图珠峰(代号)与岚图梦想家形成组合，意在抢占丰田埃 尔法、奔驰V级等传统豪华MPV的市场份额，剑指全品类MPV销冠及全球新能源MPV引领者地位。 北京商报讯(记者蔺雨葳)1月28日，岚图汽车发布2026年新品计划，将推出"三王一炸"，进一步巩固在 高端新能源市场的优势，其中代号"珠峰"的50万级豪华MPV，将成为集结岚图顶级技术的"科技王炸"。 ...

方大特钢表示，上游主要原燃料价格显著回落，钢材利润得到一定修复。在生产端，公司持续推进精细 化管理，大力降本增效；建设两套65MW超高温亚临界发电项目，提升能源利用效率。在销售端，公司 抢抓市场机遇，通过优化品种结构，提高高效益产品产销量，有力推动了业绩增长。此外，2025年，公 司非经常性损益金额约为1.3亿元，主要原因是受资本市场整体上涨影响，公司投资的信托产品等公允 价值变动收益增加。 北京商报讯(记者马换换李佳雪)1月28日晚间，方大特钢（600507）披露公告称，公司预计2025年度实 现归属净利润为8.35亿元到9.98亿元，同比增加236.9%到302.67%。 ...

此外，龙虎榜信息具有滞后性，投资者如果据此进行分析操作，节奏总会慢市场半拍，如果被个别投机 资金加以利用，投资者很容易被"割韭菜"。 实际上，相比上市公司的实际投资价值，龙虎榜所体现的买卖信息并无太大研究价值。只看龙虎榜进行 操作，投资者只能是被投机资金牵着走。最好的解决方法是确定上市公司的实际投资价值然后长期持 有，只要在预估的价值区间内，短期波动完全可以忽略不计。 北京商报评论员 周科竞 过度依赖龙虎榜选股，还会让投资者陷入被动局面。当投资者将注意力集中在龙虎榜上时，往往会忽视 对上市公司基本面的研究。他们不再关注上市公司的财务状况和内在价值，而是盲目跟风特定营业部席 位的买卖。一旦市场环境发生变化，或者大资金撤离，投资者便会面临较高的投资风险。而且，依赖龙 虎榜选股还容易让投资者产生投机心理，追求短期利益，忽视长期投资价值，这与价值投资理念背道而 驰。 摆脱龙虎榜选股依赖症，需要投资者首先树立正确的投资理念，不能只追求短期的暴利，而应注重长期 的稳健收益。投资者应基于对上市公司价值的判断来选择股票，而不是对市场短期波动的猜测。其次， 投资者要加强对上市公司基本面的研究。深入了解公司的基本面信息，通过分析 ...

"每个企业的基因不同、体质不同"，在近日召开的腾讯2026年员工大会上，腾讯董事会主席兼CEO马化 腾一开场就直面差异。这场大会前，腾讯旗下AI助手元宝官宣春节10亿元现金活动，大会当天又内测 社交功能"元宝派"，把AI战局拉进自身最擅长的社交战场，这是一场典型的以慢打快、最"腾讯"的打 法。 眼下，字节依托短视频生态快速普及豆包，以轻量化、娱乐化交互抢占大众用户市场；阿里将千问植入 电商等场景，强化实用服务属性，腾讯选择暂避参数竞赛与流量轰炸，从十亿级社交关系链中寻找AI 落地的新切口——不是让AI替代人，而是让它融入人的日常对话与群体互动之中。 把AI放进群聊里 什么是AI时代的社交？腾讯正在尝试。 根据网络流出的内测截图，元宝已开启社交AI玩法"元宝派"，用户可以选择创建一个"派"，或者加入一 个已有的"派"。用户可以在派内@元宝 或引用元宝的话，让元宝AI总结派内聊天内容，创建健身、阅 读等兴趣打卡活动，由元宝AI担任"监督员"。不止文字聊天，用户还可以在派内进行"图片二创"，将一 张普通的照片变成"梗图"或表情包。 据悉，"元宝派"后续公测还将开放"一起看""一起听"玩法，该玩法接入了腾讯会议的音视 ...