| 姓名 | | 离任 职务 | 离任 时间 | 顾定任期 到期日 | 腐任 原因 | 是否继续在 上市公司 体 及其控股子公司 职 | 是否存在 未履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | | | (一)提前离任的基本情况 | | | | | | 从工通常 | | 柴琇被免职或与妙可蓝多同时披露的公允价值变动相关。妙可蓝多在公告中指出，其参股的并购基金因 | | --- | 担保的债务人逾期未偿债而无法清算分配，导致公司投资面临损失风险。公司已正式向上海国际经济贸 易仲裁委员会提起仲裁，要求未能履行补偿承诺的原实控人柴琇进行赔偿。 1月26日，妙可蓝多连发多个公告，创始人柴琇被免去副董事长及总经理职务，仍在公司任非独立董 事；同时聘任蒯玉龙为公司总经理。 妙可蓝多于2026年1月23日召开董事会会议，审议通过了关于拟确认公允价值变动的议案。核心内容涉 及公司对参股并购基金及底层资产的投资价值进行重估，预计将减少公司2025年度归属于上市公司股东 的净利润约1.19亿元至1.27亿元。 资料显示，蒯玉龙现任公司董事、财务总监，本次聘任后 ...

Core Insights - The article discusses the strategic transformation of BETTERRY, a leading company in the negative electrode materials sector, as it navigates the complexities of the new economic cycle starting in 2026, focusing on technological innovation to build sustainable competitive advantages. Group 1: Company Performance and Strategy - In the first three quarters of 2025, BETTERRY achieved a revenue of 12.384 billion and a net profit of 768 million, maintaining its position as the global leader in negative electrode material shipments, laying a solid foundation for 2026 [2] - The company acknowledges that while 2025's performance was strong, the challenges in 2026 will be more complex, necessitating a focus on enhancing overall competitiveness and exploring new growth models [2] Group 2: Global Expansion and Localized Production - BETTERRY's overseas bases in Indonesia and Morocco are not merely for capacity replication but serve as critical points for advancing global renewable energy initiatives, emphasizing local production and supply to meet low-carbon requirements [3] - The company aims to enhance supply chain resilience and compliance through localized production, talent development, and technology services, transitioning from "global supply" to "local creation" [3] Group 3: Technological Innovation - BETTERRY has achieved comprehensive coverage of solid-state battery materials, including oxide, sulfide, and polymer technologies, with plans for mass production of sulfide electrolytes and core products in 2026 [4] - The company is focusing on developing solutions for fast charging in power batteries and long-life storage, while also integrating AI into material research and development processes to enhance efficiency and innovation [6] Group 4: Industry Trends and Competitive Landscape - The lithium battery industry is entering a recovery phase in 2026, with high demand for energy storage driving improvements in material supply and demand, marking a critical year for breakthroughs in material development and application [7] - The shift in policy towards high-quality development will reshape the industry landscape, promoting a more regulated and value-focused competitive environment, which BETTERRY aims to navigate by enhancing product value and driving green standards [8]

1、2025年牧原实现商品猪出栏7798.1万头、销售金额1328.11亿元，养殖完全成本降至11.3元/公斤的行 业领先水平，这样的成绩为2026年发展奠定了怎样的基础？ 秦军：2025年，公司预计实现净利润151亿-161亿元，实现了较好的盈利与充裕的现金流。在此基础 上，公司持续降低负债总额与资产负债率，优化财务结构，提升发展质量，为2026年公司稳健运营提供 了坚实的保障。 2025年公司生猪养殖完全成本整体呈现下降趋势，全年平均成本在12元/kg左右，同比下降2元/kg，这 得益于公司此前在技术上的不断投入与管理上的持续创新。这一成果不仅验证了相关投入的有效性，也 进一步巩固了公司的成本优势，为2026年持续推进降本增效奠定了坚实基础。 2. 从"单一商品猪养殖"转向"商品猪+仔猪商业化销售"双轮驱动模式，2026年仔猪销售的目标规模与渠 道布局如何？预计将贡献多少利润增量？ 2026年，国家"十五五"规划正式启幕，新旧动能转换进入深水区，传统产业的科技化转型成为经济高质 量发展的核心议题。作为国民经济基础的农业，正经历从"规模扩张"向"质量效益"的深刻变革，生猪养 殖这一古老行业也迎来智能化、全球 ...

黄文俊介绍，人民法院坚持失信惩戒精准化与信用修复常态化。去年，新纳入失信名单233.98万人次， 同时有266.96万人次通过信用修复回归市场，信用修复人次连续7个季度超过新纳入失信名单人次。累 计1865.18万被执行人迫于失信惩戒压力主动履行义务。与此同时，联合最高人民检察院、公安部发布 《关于办理拒不执行判决、裁定刑事案件若干问题的意见》，严厉打击恶意规避执行、逃避执行的拒执 行为，去年追究拒不执行判决、裁定罪4461人，保持了对失信行为的高压态势。 黄文俊称，交叉执行攻坚克难成效显著。重点聚焦人民群众关注的"骨头案""信访案""疑难案""长期未 结案"，全面推进交叉执行落地落实。2023年10月以来，全国法院已交叉执行47.7万件，22.25万件难案 积案取得实质进展或者化解，执行到位金额1668.82亿元，基本实现交叉执行全国法院（除西藏部分地 区以外）"全覆盖"。 南都讯记者刘嫚发自北京 1月26日，最高人民法院召开"人民法院以交叉执行为牵引有效解决执行难工 作情况"新闻发布会，最高人民法院执行局局长黄文俊介绍，去年，累计1865.18万被执行人迫于失信惩 戒压力主动履行义务，追究拒不执行判决、裁 ...

1月26日上午，广东省十四届人大五次会议开幕，最新出炉的广东省政府工作报告明确提出，强化企业创新主体地位，加强原始创新和关键核心技术攻关， 推进人工智能全域全时全行业高水平应用等举措。 吴学明表示，虽然广东产业体系完整，但在部分关键领域仍存在"卡脖子"风险。加强原始创新，旨在掌握更多具有自主知识产权的关键核心技术，抢占科技 发展制高点，不断催生新质生产力，从而在全球产业链和价值链中占据更加主动的位置。 实现这一目标的关键点在哪里？广东省政协常委、佳都科技集团董事长兼执行总裁陈娇认为，加强原始创新和核心技术攻关，对广东而言，是从"应用创新 高地"向"源头创新策源地"跃升的必然选择，关键在于"集中力量"和"优化生态"。 面对新一轮科技革命和产业变革，广东如何进一步激发科技创新的"新动能"？今年广东两会期间，南都N视频邀请多位专家共读政府工作报告，为广东科技 创新建言献策。 加强原始创新和关键核心技术攻关 筑牢科技发展"硬支撑" 原始创新是科技创新的源头，也是摆脱关键技术受制于人的根本。报告提出，要加强原始创新和关键核心技术攻关。 "加强原始创新和关键核心技术攻关，对广东而言，是关乎国家战略使命、区域竞争格局和未来 ...

"在欠薪等涉民生案件执行中，对被执行人拒不履行义务，逃避执行、抗拒执行情节严重的，将依法加 大追究力度，严厉打击拒执行为，切实保障人民群众合法权益。"毛立华称。 南都讯记者刘嫚发自北京 1月26日，最高人民法院执行局副局长毛立华在最高人民法院新闻发布会上介 绍，近年来，新型财产形式日趋多样，利用虚拟财产或跨境资产规避执行日益增多等，人民法院联合多 家单位不断加强被执行财产的发现、查控。在欠薪等涉民生案件执行中，对被执行人拒不履行义务，逃 避执行、抗拒执行情节严重的，将依法加大追究力度，严厉打击拒执行为。 毛立华称，拒不执行判决、裁定犯罪行为，对抗法院强制执行，侵害胜诉当事人合法权益，具有严重社 会危害性。最高法院会同最高检察院、公安部，采取系列措施，完善办理案件机制，依法加大惩治力 度。一是完善法律制度体系。2024年10月，最高法院、最高检察院发布《关于办理拒不执行判决、裁定 刑事案件适用法律若干问题的解释》，加强对裁判生效之前转移、隐藏财产，采用虚假诉讼手段拒不执 行等行为的打击。二是加强协作配合机制。2025年，最高法院、最高检察院、公安部联合印发《关于办 理拒不执行判决、裁定刑事案件若干问题的意见》， ...

编者按： 在销售端，2025年新建商品房销售面积88101万平方米，同比下降8.7%；商品房销售额83937亿元，下 降12.6%。 在投资端，2025年房地产开发企业到位资金93117亿元，同比下降13.4%，其中个人按揭贷款下降 17.8%。 这些数据该怎么看？未来房地产市场会有哪些变化？中原地产首席分析师张大伟近日在接受南都N视频 记者的专访时，结合楼市的实际情况进行了分析，并表示，二手房市场回暖态势突出，2026年楼市有望 呈现"一线企稳、区域分化"的平稳运行态势。 当前市场仍处于"去库存"阶段，二手房市场回暖 根据国家统计局数据，2025年新建商品房销售面积、销售额均出现了下降。 对此，有观点指出，随着住房市场进入存量时代，新房市场则转向满足改善性需求，房企通过"好房 子"产品形成差异化供给。同时，二手房成交占比逐步提升，在大中城市，刚需购房者普遍通过购买二 手房解决居住问题。 这一观点也在中原地产研究院统计的数据得到了印证，据统计，2026年第3周数据显示，重点15城二手 住宅周度成交量环比上升9%，一线城市表现更为亮眼，中原报价指数连续5周回升。 对此，张大伟表示，二手市场回暖态势尤为突出，成为 ...

Core Viewpoint - KFC has announced a price adjustment for its delivery products, with an average increase of 0.8 yuan, while dine-in prices remain unchanged [1] Group 1: Price Adjustments - The price adjustment for KFC's delivery products ranges from 0.5 yuan to 1.5 yuan, with some items remaining at their original prices [1] - Examples of price changes include: medium fries from 14 yuan to 15 yuan, creamy mashed potatoes from 9 yuan to 10.5 yuan, and New Orleans grilled wings from 15.5 yuan to 16 yuan [1] - Dine-in prices are significantly lower than delivery prices, with dine-in prices for the double-layer beef burger at 22 yuan and medium fries at 9.5 yuan [1] Group 2: Consumer Promotions - KFC's popular promotional packages such as "Crazy Thursday" and "Weekend Crazy Deal" will maintain their prices despite the delivery price adjustments [2] - The last public price adjustment by KFC occurred in December 2024, with an average increase of 2% [2] Group 3: Financial Performance - KFC China's revenue for the first three quarters of 2025 reached 6.746 billion USD, marking a year-on-year growth of 2.91% [3] - The restaurant operating profit margin increased by 0.6 percentage points to 15.8%, and the overall restaurant profit margin rose by 0.4 percentage points to 18.4% [3] - As of September 2025, KFC operates 12,640 stores in China [3]

Core Viewpoint - The spot gold price has surged past $5,000 per ounce, reaching a new historical high of $5,085.65 per ounce, driven by strong demand and market dynamics [2][8]. Group 1: Gold Price Movement - As of January 26, the spot gold price in London was reported at $5,051.6 per ounce, with a daily increase of 0.19% [2][3]. - The Shanghai Gold Exchange has also seen significant price increases, with retail gold prices for brands like Chow Tai Fook reaching 1,578 yuan per gram [2][8]. - The gold price has increased over 8% since the beginning of the year, translating to a rise of over $380 [8]. Group 2: Market Predictions and Analyst Insights - Goldman Sachs has raised its gold price forecast for the end of 2026 to $5,400, while independent analyst Ross Norman predicts a peak of $6,400 per ounce this year, with an average price of $5,375 [8]. - Morgan Stanley's report suggests that the gold market will continue its upward trend in 2026 due to strong driving factors, with consumer demand expected to remain high [14]. Group 3: Consumer Behavior and Retail Impact - The recent surge in gold prices has stimulated consumer demand, with increased foot traffic in retail stores, particularly during the Lunar New Year shopping season [8][14]. - Promotions such as discounts and loyalty programs have been implemented by retailers like Chow Tai Fook to attract customers, leading to significant sales growth [10][12].

Core Viewpoint - Huatai Securities has appointed Wang Huiqing as the new chairman of the board, with a term of three years, and approved a capital increase of up to 9 billion HKD for its wholly-owned subsidiary to support overseas business development [2][4]. Group 1: Leadership Changes - Wang Huiqing has been elected as the chairman of Huatai Securities, succeeding Zhang Wei, who served as chairman for over five years [2][8]. - Zhang Wei's tenure saw stable company performance, with revenue growth rates of 26.47% and 20.55% in 2020 and 2021, respectively, followed by a recovery in 2023 and 2024 [9]. - Wang Huiqing has a diverse background in both government and financial institutions, previously serving as the secretary of the party committee at Huatai Securities [6][7]. Group 2: Financial Performance - In the first three quarters of 2025, Huatai Securities achieved operating revenue of 27.129 billion CNY, a year-on-year increase of 12.55%, and a net profit attributable to shareholders of 12.733 billion CNY, up 1.69% [10]. - The total assets of Huatai Securities grew from approximately 389 billion CNY at the end of 2018 to about 1.03 trillion CNY by the end of September 2025, marking a significant increase [11]. Group 3: Strategic Initiatives - The company aims to enhance its wealth management and institutional services through a dual-driven strategy of technology empowerment, while optimizing its asset, liability, and income structure [7]. - Huatai Securities is actively exploring new growth points, with international business becoming a significant driver of growth, supported by the recent capital increase for its subsidiary [11].