Core Insights - Traditional red tourism destinations are experiencing a surge in visitor numbers during the summer, driven by factors such as pleasant weather, quality accommodations, and engaging content [1][2] - The shift from static visits to interactive experiences is evident, with immersive performances and military-themed exhibitions enhancing visitor engagement [1][2] Group 1: Hotel and Ticket Booking Trends - Jinggangshan's hotel bookings increased by nearly 40% year-on-year, outperforming the overall growth in Jiangxi province by 12 percentage points [1] - Ticket bookings for Jinggangshan scenic area rose by 22% during the summer [1] - Other red tourism sites also saw significant growth, with hotel bookings in Yan'an up nearly 20% and in Shaoshan up 12% [1] Group 2: Performance of Immersive Experiences - The immersive performance "Great Turning Point" in Zunyi saw ticket bookings triple compared to the previous year [2] - The "Battle of Laoshan Pass" performance in Zunyi led to a 41% increase in ticket bookings for the performance site and a 62% increase for the entire Laoshan scenic area [2] - The large-scale immersive performance "Jinggangshan" in Jiangxi also experienced a 28% increase in ticket sales during the summer [2] Group 3: Impact of Aerospace Exhibitions - Major aerospace exhibitions in cities like Changchun, Xiamen, and Shijiazhuang attracted significant interest, with hotel bookings in these cities showing year-on-year growth [2] - The 2025 China Aerospace Science and Technology Exhibition in Changchun resulted in a 67% increase in hotel bookings during the event, which is 1.4 times the average growth rate for the summer [2] - The popularity of military museums also rose, with the China People's Revolutionary Military Museum seeing a nearly 30% increase in visitor interest, ranking among the top 10 most popular scenic spots nationwide [2]

Group 1 - The core viewpoint of the news is that Dingjia Precision has successfully listed on the Beijing Stock Exchange, marking it as the fifth A-share listed company from Suzhou in 2023 and the 50th listed company from Kunshan [1][2] - Dingjia Precision, established in 2007, specializes in the design, research and development, production, and sales of functional and protective products for consumer electronics, with production bases in Kunshan, Chongqing, and Vietnam [1] - The company has established long-term and stable partnerships with well-known industry players, including Compal Electronics, Luxshare Precision, and BOE Technology Group, with its products ultimately used by major brands like Dell, HP, and Lenovo [1] Group 2 - For the fiscal years 2022, 2023, and 2024, Dingjia Precision reported revenues of 329 million yuan, 367 million yuan, and 408 million yuan respectively, with net profits attributable to the parent company of 53.57 million yuan, 51.95 million yuan, and 59.55 million yuan [2] - In 2022, the company experienced a revenue decline of 15.99% and a net profit decrease of 30.10% due to reduced orders from the consumer electronics sector [2] - The company is expected to see an 11.18% revenue growth and a 14.63% increase in net profit in 2024, as it actively develops new products and expands into new markets [2]

8月1日，香港《稳定币条例》正式生效。香港金融管理局已于近日发布《持牌稳定币发行人监管指引》 等系列配套指引（以下简称"指引"），明确了发行人牌照申请门槛，包括财务条件、人员资质、储备资 产、托管赎回要求、司法管辖、过渡期安排等。 证券时报记者独家获悉，中国银行（香港）、渣打银行（香港）等香港特区发钞行是其中不可或缺的主 体，无论是出于自身发展需要，还是顺应监管推动，大概率会率先申请稳定币发行人牌照。此外，中资 银行、沙盒测试企业、大型央国企以及拥有支付牌照的互联网大厂都跃跃欲试。 而证券公司在初期将更多承担稳定币的交易、托管、融资、咨询等业务，并提供传统资产代币化相关的 数字资产配置服务。目前，已有44家券商等机构升级了虚拟资产交易牌照，相比6月末新增了3家。 发钞行有望率先申请牌照 上述指引的出台，意味着香港稳定币发行人牌照申请窗口正式开启。按照指引要求，已做好充分准备且 希望尽早获得批准的机构，应在9月30日之前提交稳定币发行人牌照申请。 此前，香港金管局总裁余伟文表示，在初始阶段，最多只会批出数个稳定币牌照。多位业内人士向证券 时报记者分析，首批稳定币发行人牌照的数量可能是个位数，不排除只有2～3张。 ...

Core Viewpoint - Industrial and Commercial Bank of China (ICBC) has become the first state-owned bank to announce measures to address "involution" competition, signaling a shift in the banking industry towards stabilizing economic policies and enhancing risk management [1][2]. Group 1: ICBC's Initiatives - ICBC held a meeting on July 30, 2023, to outline its operational priorities for the second half of the year, emphasizing the need to implement economic policies and address "involution" competition [1]. - The meeting was attended by representatives from various regulatory bodies, indicating a strong governmental backing for the initiative [1]. Group 2: Industry Implications - The move by ICBC is expected to have a significant demonstration effect on other state-owned banks, potentially leading to a broader industry shift towards reducing "involution" competition [2]. - The initiative may help lower the intensity of price wars, creating a more equitable competitive environment for smaller banks [2]. - It is anticipated that the competition logic in the banking sector will shift from "scale and cost" to "service and innovation," encouraging smaller banks to enhance their risk management and operational efficiency [2]. Group 3: Short-term Challenges - Some smaller banks that heavily rely on pricing strategies may face transitional difficulties due to the "anti-involution" measures [3].

寸土寸金的深圳，农田稀寥，但是孕育出了足以改变中国农业格局的生物育种力量。这份突破背后，是 一群科学家、一批上市公司的持续攻坚。 近日，证券时报记者采访了扎根深圳光明区15年的唐晓艳、在南方科技大学任职的美国科学院院士朱健 康以及华大基因旗下华大万物的多位农业专家。这座以科技创新为标签的城市，在水稻、马铃薯、大豆 等作物育种领域持续突破：从绘制全球首个水稻超级泛基因组图谱，到培育出省工省力的"洁田稻"—— 深圳的科学家和企业正通过生物育种，改变中国农业的样貌。 水稻育种的"深圳方案" 在深圳，基础研究的突破与田间应用的创新相得益彰，为解决粮食生产中的难题提供了"深圳方案"。 中国农业科学院深圳农业基因组研究所商连光团队，从基因层面破解了水稻育种的密码。2024年3月， 该团队发布全球首个包含251份水稻种质的超级泛基因组图谱，将亚洲稻、非洲稻及野生稻的遗传变 异"一网打尽"。 "过去的基因图谱像未打通山河的路段，我们的图谱则是贯通全域的高速公路。"商连光解释，这份图谱 清晰标注了可能控制产量的关键基因，让研究者能精准"挑选"优异基因进行聚合，实现分子设计育种的 跃升。目前，国外研究已开始参照这份图谱开展工作。 ...

Core Viewpoint - The implementation of the "Stablecoin Regulation" in Hong Kong marks a significant step towards the formalization of stablecoin issuance, with the Hong Kong Monetary Authority (HKMA) releasing guidelines for licensed stablecoin issuers [1][2]. Group 1: Regulatory Framework - The guidelines set clear application thresholds for stablecoin issuers, including financial conditions, personnel qualifications, reserve assets, custody and redemption requirements, jurisdiction, and transitional arrangements [1]. - The application window for stablecoin issuer licenses is open until September 30, with expectations that only a few licenses will be granted initially, possibly just 2 to 3 [2][3]. Group 2: Key Players - Major commercial banks in Hong Kong, such as Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong), are expected to be the first to apply for stablecoin issuer licenses due to regulatory compliance and business needs [2]. - Other potential applicants include Chinese banks, sandbox testing companies, large state-owned enterprises, and internet companies with payment licenses [4]. Group 3: Market Dynamics - The competition for the first batch of stablecoin licenses is intense, with the application scenarios being a critical consideration for approval, including digital asset trading, cross-border payments in global trade, and traditional asset tokenization [4]. - As of the end of July, 44 financial institutions in Hong Kong have upgraded to the first type of securities trading license, with an increase of 3 since the end of June, indicating a growing interest in virtual asset trading [6]. Group 4: Future Prospects - There is a strong anticipation for the emergence of offshore RMB-backed stablecoins, with recent initiatives like the launch of tokenized funds by Huaxia Fund (Hong Kong) exploring this possibility [8].

近年来，短剧以高歌猛进之势，不断蚕食着长视频的市场份额。其中，红果短剧更是凭借着"免费观看 +广告分账"的模式，实现了用户规模的指数级增长。事实上，短剧的爆火并非偶然，背后是多重因素 共振的结果，其"小成本、快节奏、高密度、强反转"的特点，精准击中了移动互联网时代用户"时间碎 片化、注意力稀缺化、情绪即时满足化"的核心痛点。 一方面，从用户需求的角度看，现代生活节奏加快，通勤、午休、睡前等碎片时间成为宝贵的"精神按 摩"时段，传统45分钟一集的电视剧或90分钟电影，已难以满足即时解压的需求。与之相比，短剧往往 开篇即高潮，而且每集有爆点，反转和爽点密集，这样的强刺激能够为观众提供更高效的情绪价值。 另一方面，从商业模式的角度看，与制作成本高、回报周期长的长视频相比，短剧制作遵循"短平快"的 逻辑，单部成本从数万元到百万元不等，拍摄周期以天计，变现模式多元。加上AI生成剧本、虚拟演 员建模、自动剪辑等工具的广泛应用，极大缩短了短剧的制作周期，降低了制作成本，吸引了大量资本 和内容创作者涌入。 周春媚 然而，作为新兴事物，短剧的"爆红"背后也隐藏着难以忽视的"野蛮生长"乱象。比如，短剧题材高度同 质化，质量参差不 ...

第一，由股东会选任产生审计委员会，审计委员会对股东会而非对董事会负责。由股东会选任产生审计 委员会可以使审计委员会摆脱董事会的控制。尽管审计委员会是董事会的内设机构，但股东会享有选举 和更换公司董事、监事的职权，既然审计委员会代行监事会职责，且成员由董事组成，那么股东会自然 有权选任审计委员会。股东会选举产生审计委员会后，审计委员会在形式上隶属于董事会，但实质上对 股东会负责。 第二，强化对独立董事履职的保障。首先，将独立董事参与公司现场工作的时间由每年不少于15日调整 为每季度不少于4日。以季度计时可以更好地保证独立董事参与公司治理的时效性，确保独立董事能够 及时全面地了解公司经营情况。其次，规定审计委员会中至少有一名专职独立董事。专职独立董事除了 在上市公司担任独立董事，不在其他任何单位担任职务。这可以充分保证专职独立董事参与公司治理的 时间，使其对公司情况有更深刻全面的把握，并将相关信息传递给其他独立董事。最后，调整独立董事 的收益分配与责任承担机制。一方面，除了固有津贴，独立董事可以根据在审计委员会和董事会中的履 职情况获得额外奖励。其中，对于独立董事积极参与公司现场工作，并通过审计委员会积极发表见解 ...

发展新质生产力是今年的高频词，多地争相布局人工智能、低空经济等赛道。但新兴产业培育需要时 间，盲目跟风可能导致重复建设和资源错配。例如，某些中西部省份基础科研能力薄弱，却硬性对标沿 海地区搞芯片产业园，结果园区空置、招商困难。新质生产力的核心是技术创新和产业协同，各地应立 足自身禀赋，差异化发展。像河南、四川等劳动力大省，可推动传统制造业智能化改造，而非一味追 逐"高大上"项目。 此外，新质生产力离不开人才和制度支撑。目前，许多地方对企业的补贴多集中于设备采购，忽视研发 投入和人才培养。建议将政策重点转向构建"产学研用"生态，比如支持企业与高校共建实验室，完善知 识产权保护，让创新真正落地生根。 31个省区市近期密集部署下半年经济工作，将扩大内需、发展新质生产力、稳定外贸作为三大着力点。 这一部署既体现了对中央政策的贯彻，也反映出地方稳增长的紧迫性。然而，要实现全年经济增长目 标，仅靠常规手段恐难奏效，需在政策执行中突破惯性思维，避免"撒胡椒面"式的资源分配，真正激活 经济内生动力。 各地将消费和投资作为扩大内需的主要抓手，如发放消费券、推动以旧换新、加快"两重"项目建设等。 这些措施短期内能提振数据，但若缺 ...

此前，国家发展改革委发布消息称，已安排超3000亿元支持2025年第三批"两重"建设项目。至此，今年 8000亿元"两重"建设项目清单已全部下达完毕。 近期国家发展改革委还会同财政部，向地方下达了今年第三批690亿元超长期特别国债支持消费品以旧 换新资金。按计划将于10月下达今年第四批690亿元超长期特别国债资金，继续支持地方实施消费品以 旧换新政策。 证券时报记者韩忠楠 7月31日，国家发展改革委召开2025年上半年发展改革形势通报会。会议部署了多项重点任务，包括稳 就业、扩大内需、推动"人工智能+"行动走深走实、破除"内卷式"竞争等。 会议指出，今年以来，我国经济运行稳中有进，高质量发展取得新成效，主要经济指标表现良好，新质 生产力积极发展，改革开放不断深化，重点领域风险有力有效防范化解，民生兜底保障进一步加强，我 国经济展现强大活力和韧性。 展望下半年，国家发展改革委将着力稳就业、稳企业、稳市场、稳预期，进一步做强内循环、优化外循 环、搞好双循环，努力完成全年预期目标和"十四五"规划各项任务，为"十五五"良好开局打好基础。 国家发展改革委表示，下半年的工作重点包括九个方面，包括稳就业、扩内需、强化宏观政 ...