北京商报讯（记者 郭秀娟 王悦彤） 1月8日，中炬高新在投资者互动平台回答投资者提问称，公司管理 团队正在审慎平衡公司现金状况与并购机会，并持续推进战略并购计划。目前，公司有几个项目在推进 中，在目前市场环境下，双方暂未就交易价格达成一致。公司仍在积极推进中，以突破内生增长瓶颈， 优化业务组合。公司高度重视并购后的持续经营能力，并坚决避免因盲目扩张导致业绩下滑的风险。因 此，虽然公司有并购的计划和意向，还需要根据市场情况和并购机会的实际进展来决定。 ...

同日，华芯未来和东方国际资管签署《一致行动协议书》。前述股份转让完成后，东方国际资管作为华 芯未来的一致行动方，同意就上市公司的经营、管理、决策、控制及其相关所有事项与华芯未来保持一 致立场及意见，特别是行使相关召集权、提案权、表决权时采取一致行动。如各方无法达成一致表决意 见，应当以华芯未来的意见为准，协议自各方签署之日起生效，有效期至《一致行动协议》任何一方不 再直接或间接持有上市公司股份时止。 本次权益变动完成后，上市公司控股股东将变更为华芯未来，上市公司实际控制人变更为周启超。 北京商报讯(记者马换换王蔓蕾)1月8日晚间，科德教育（300192）披露公告称，公司控股股东、实际控 制人拟发生变更，深圳华芯未来投资合伙企业(有限合伙)(以下简称"华芯未来")将成为公司控股股东， 公司实际控制人将变更为周启超。 公告显示，1月8日，科德教育控股股东、实际控制人吴贤良与华芯未来、东方国际资管签署了《股份转 让协议》。吴贤良拟将其持有的上市公司无限售条件流通股7758.43万股股份分别转让给华芯未来和东 方国际资管，股份转让单价为17.21元/股，转让对价合计13.35亿元。其中，华芯未来协议受让公司 6112 ...

北京商报讯(记者马换换王蔓蕾)1月8日晚间，谱尼测试（300887）披露公告称，公司预计2025年度亏损 2亿元到2.5亿元。 交易行情显示，1月8日，谱尼测试涨停收盘，收于涨停价15.97元/股，总市值87.15亿元。 谱尼测试表示，公司股票自2025年12月24日至2026年1月8日连续10个交易日内日收盘价格涨幅偏离值累 计达到+100%，根据《深圳证券交易所交易规则》的有关规定，属于股票交易严重异常波动的情况。经 自查，公司不存在违反信息公平披露的情形；公司前期披露的信息不存在需要更正、补充之处。 ...

根据公告，2022年5月20日，爱美客与Huons BP签订《经销协议》，以研发注册方式引进Huons BP生产 的注射用A型肉毒毒素产品，并在约定经销区域（中国）内作为Huons BP指定的唯一且排他的进口商、 经销商。 北京商报讯（记者 王寅浩 宋雨盈）1月8日，爱美客发布公告称，公司在中国独家经销韩国Huons BioPharma Co., Ltd.（以下简称"Huons BP"）生产的注射用A型肉毒毒素产品获得国家药品监督管理局核 准签发的《药品注册证书》。 ...

Core Viewpoint - The article reports on the investigation and subsequent penalties related to illegal taxi operations in Sanya, highlighting the enforcement actions taken by local authorities to protect consumer rights and maintain market order [1] Group 1: Investigation Findings - Authorities confirmed that an individual, identified as Shi, operated a non-licensed taxi service, picking up passengers outside a hotel and taking them to a restaurant [1] - The investigation involved cross-referencing consumption receipts, reviewing surveillance footage, and interviewing involved parties, including consumers and business owners [1] Group 2: Penalties and Legal Actions - Shi faces a proposed administrative fine of 15,000 yuan for operating without the required taxi service license, as per the regulations governing taxi operations [1] - The market supervision department has initiated an investigation into the seafood restaurant for suspected commercial bribery [1] Group 3: Future Enforcement Measures - Local enforcement agencies plan to intensify inspections and crack down on illegal activities in key areas to safeguard the rights of citizens and tourists [1] - Authorities encourage citizens and tourists to report similar incidents to relevant departments [1]

Core Viewpoint - The retirement of Yu Liang marks the end of a significant era for Vanke, coinciding with the company's struggle for survival amid ongoing debt negotiations and industry challenges [1][5]. Group 1: Leadership Transition - Yu Liang submitted his resignation due to reaching retirement age, officially stepping down from all positions within Vanke [1]. - His leadership began in 2017 when he took over as chairman, during a time when Vanke was already a major player in the real estate sector with annual sales in the hundreds of billions [3]. - Yu Liang's tenure was characterized by a strategic shift from being a residential developer to a broader "urban construction and life service provider" [3][4]. Group 2: Financial Challenges - Vanke is currently engaged in negotiations to extend the maturity of two domestic medium-term notes totaling 5.7 billion yuan [5]. - The company has faced significant financial pressure, with a forecast of substantial losses and unprecedented debt levels [4][5]. - Vanke's proactive approach to debt extension reflects its commitment to risk management and responsibility towards creditors, aiming to create conditions for orderly risk clearance in the industry [5]. Group 3: Support from State-Owned Enterprises - The future of Vanke increasingly relies on support from its major shareholder, Shenzhen Metro Group, which has provided substantial financial assistance totaling approximately 30.8 billion yuan [6]. - Vanke has also been active in asset disposal and equity transfer to improve liquidity, achieving sales of 100.46 billion yuan and optimizing new capacity worth 17.84 billion yuan by the end of Q3 2025 [6]. - The transition of leadership to Huang Liping from Shenzhen Metro Group signals a stronger control by the state-owned entity to navigate the ongoing crisis [6].

近年来，A股投资者对于大盘股的热情持续升温。因业绩稳定性和市场表现韧性更强，预计大盘股仍将 受到资金的青睐，这也是价值投资市场的重要特点。 投资者对大盘股喜爱程度远超以往，是市场环境与投资者认知共同作用的结果。过去，小盘股凭借其高 波动性和潜在的高收益，吸引了不少追求短期暴利的投资者。然而，随着A股市场不断成熟，投资者逐 渐认识到小盘股的高风险性。小盘股业绩波动大，受行业周期、政策变化等因素影响明显，股价容易出 现"过山车"走势，投资者难以把握。 相比之下，大盘股多为行业龙头，在市场中占据主导地位，拥有稳定的客户群体和市场份额。其业绩表 现相对稳定，能够为投资者提供较为稳定且具有吸引力的分红回报，而价值投资者也最看重上市公司对 股东的回报。 大盘股股价较强的市场韧性也是吸引资金的重要因素。在经济形势向好时，大盘股凭借其规模优势和强 大的竞争力，能够充分享受行业增长带来的红利，业绩稳步提升，推动股价上涨。而在股市进入调整行 情时，大盘股的抗风险能力凸显，股价下跌幅度相对较小，且更容易率先企稳回升。这种在市场涨跌中 的稳健表现，让投资者看到了大盘股的长期投资价值，从而吸引资金持续流入。 从价值投资的角度来看，大盘 ...

北京商报讯（记者 张天元）1月8日，"海底捞 尿不湿"相关话题登上热搜。对此，海底捞相关负责人向 北京商报记者表示，2025年12月31日，海底捞徐州云龙万达广场店，一桌顾客中的两岁儿童将尿不湿扔 至该桌用餐锅具内，门店及时对锅具进行废弃处理并报警，属地警方已依法对当日在场监护人作出相应 处理。 据了解，一则流传于网上的视频引发热议，其中显示，一幼童将手中的纸尿裤扔到了海底捞火锅中。 ...

Core Viewpoint - Company "Yao Mazi" is attempting to list on the Beijing Stock Exchange (BSE) after previous unsuccessful attempts on the Shenzhen Stock Exchange (SSE) due to regulatory issues and reliance on a single product, Sichuan pepper oil, which poses risks for its IPO success [1][3][4]. Group 1: Listing Journey - Yao Mazi initially aimed to list on the SSE's ChiNext in September 2020, later shifting to the SSE main board, but withdrew its application in December 2023 after two years of review, citing strategic adjustments [3]. - The company faced multiple regulatory warnings from the SSE for failing to disclose related party information in its IPO documents [3]. - In June 2024, Yao Mazi applied for listing on the New Third Board, targeting the BSE, and its application has recently been accepted [3][4]. Group 2: Financial Performance - Yao Mazi plans to raise 568 million yuan for projects including the production of 35,000 tons of Sichuan pepper oil and other seasoning oils, as well as for building a technology center and marketing network [4]. - The company has shown steady revenue growth, with revenues of 450 million yuan, 545 million yuan, 625 million yuan, and 332 million yuan for the years 2022 to 2025 (first half) respectively, and net profits of 81.1 million yuan, 98.7 million yuan, 157 million yuan, and 105 million yuan for the same periods [5]. Group 3: Product Dependency - Over 80% of Yao Mazi's revenue comes from Sichuan pepper oil, with the proportion of seasoning oil revenue being 94.07%, 93.15%, 93.63%, and 93.31% from 2022 to 2025 (first half) [6]. - The company is recognized as a leader in the Sichuan pepper oil market, holding a 30% market share in 2024, but faces competition from other brands and larger companies entering the market [5][6]. Group 4: Inventory Risks - Yao Mazi's inventory levels are high, with net inventory amounts of 266 million yuan, 261 million yuan, 245 million yuan, and 254 million yuan from 2022 to 2025 (first half) [7]. - High inventory levels can lead to increased financial costs and potential risks of inventory impairment if market demand changes or if there are issues with storage management [7][8].

Core Viewpoint - Fenglong Co., Ltd. (002931) announced that it may apply for a trading suspension if its stock price continues to rise abnormally, following a series of ten consecutive trading days of hitting the daily limit up to January 8, 2026, with a closing price of 46.42 yuan per share and a total market value of 10.14 billion yuan [1]. Company Summary - As of now, the main business of Fenglong Co., Ltd. remains focused on the research, production, and sales of garden machinery parts, automotive parts, and hydraulic parts, with no significant changes reported [1]. - The company has no clear plans to change its main business or make significant adjustments to its operations in the next 12 months, nor does it plan to sell, merge, or collaborate on major assets or businesses [1]. - There are no plans for restructuring or asset reorganization within the next 36 months, and no asset restructuring plans are anticipated in the next 12 months [1].