Group 1 - The Swiss outdoor brand Mammut, owned by Jacobs Capital, is reportedly considering a sale with an estimated valuation exceeding €500 million [2][6] - Anta Group is viewed as a potential buyer, alongside interest from international sports giants and private equity funds focused on consumer sectors [2][6] - Mammut has a long history since its founding in 1862 and is recognized for high-quality outdoor gear, particularly its Ultimate series [3] Group 2 - Mammut's parent company, Conzzeta Group, previously attempted to sell the brand in 2019 as part of a strategic shift, leading to uncertainty about its future [4] - In 2021, Telemos Capital acquired Mammut, but the brand is now facing operational challenges and financial difficulties, prompting the current sale consideration [5][6] - The European outdoor market is mature and has been stagnant, with rising costs and economic downturns affecting smaller brands, leading to asset sales as a solution [6] Group 3 - Mammut has seen significant growth in the Chinese market, with retail sales increasing by 85% in 2023 and projected to rise by 97% in 2024 [8] - The brand opened its first new concept store in China in 2021 and plans to continue expanding, with at least 15 new stores opened in the third quarter of 2025 [8] - Despite success in China, Mammut's European operations are struggling, leading to the decision to explore a sale [8] Group 4 - Anta Group has built a strong presence in the outdoor sector, with various brands under its umbrella, and acquiring Mammut could enhance its market position [9] - The competitive landscape in China's outdoor market is intensifying, with various brands vying for market share, and Mammut's potential acquisition could be strategic for Anta [9][12] - The outdoor sports market in China is projected to grow significantly, with the market size expected to reach ¥598.9 billion by 2025 and ¥896.3 billion by 2030 [9]

1月16日，北京嫣然天使儿童医院房东方回应"疫情期间续约租金翻倍"质疑。房东助理表示，2010年房 东和嫣然医院以市场价半价签订10年租约，2019年11月双方恢复市场价续约，疫情期间房东还主动下调 并减免部分房租。1月13日，嫣然医院回应房租债务称因租金翻倍及疫情等致经营困难，会尊重判决。 欠租事件发酵后，不少网民称想给医院捐款，李亚鹏发视频表示感谢。医院人员称，暂不过多回 应，"以公告为准"。 ...

Group 1 - The Beijing Stock Exchange (BSE) has approved the IPO of China Academy of Sciences Shenyang Instrument Co., Ltd. (Zhongke Instrument), while Zhejiang Xingsheng Technology Co., Ltd. (Xingsheng Technology) has been the first company this year to have its IPO review postponed [1] - Zhongke Instrument, established in 1958, specializes in dry vacuum pumps and vacuum scientific instruments, and is recognized as a national "little giant" enterprise with significant R&D capabilities [2] - The company has shown strong revenue growth, with a compound annual growth rate (CAGR) of 25% from 2022 to 2025, and expects revenue growth of 15% to 18% in 2025 [3] Group 2 - Xingsheng Technology, focused on computer embroidery machines, has seen its revenue primarily driven by its two main products, contributing approximately 90% of its total revenue [4] - The company has reported increasing revenue from 6.00 billion to 10.30 billion from 2022 to 2025, with projected revenue growth of 31% to 50% in 2025 [4] - Concerns regarding the sustainability of overseas sales and the rationality of fundraising projects have been raised during the review process for Xingsheng Technology [5][6] Group 3 - Xingsheng Technology's sales are heavily reliant on overseas markets, particularly India and Pakistan, with about 70% of its products sold in these regions [6] - The company plans to raise 4.49 billion for its IPO, with 500 million allocated for working capital, which has prompted inquiries about the necessity of this funding [6][7] - The review committee has requested additional disclosures regarding the management of raised funds and measures to prevent conflicts of interest, as well as verification of the authenticity of sales revenue [7]

Core Insights - The collaboration between Atour Group and Starbucks China aims to enhance user experience by integrating their services into a seamless travel journey, focusing on comfort and convenience [1][2][3] Group 1: Partnership Overview - Atour and Starbucks launched a joint membership program that connects their services, allowing users to enjoy benefits across both brands [3][6] - The program includes features such as double star accumulation for Atour members and exclusive benefits for high-tier Starbucks members, enhancing user engagement [3][6] Group 2: User Experience Enhancement - The partnership addresses the needs of frequent travelers by providing a consistent experience from departure to arrival, ensuring that users can maintain their daily routines even in unfamiliar cities [5][7] - The collaboration shifts the focus from isolated promotions to a holistic experience, positioning both brands as companions in the user's lifestyle [5][7] Group 3: Market Trends and Consumer Behavior - The trend of cross-scenario fluidity among urban consumers necessitates a shift in membership programs from simple discounts to seamless experiences that fit into users' real-life paths [6][7] - Younger consumers are increasingly prioritizing convenience and smoothness in their experiences over mere cost savings, indicating a need for brands to adapt their offerings [6][7] Group 4: Atour's Strategic Vision - Atour aims to redefine the hotel experience as a lifestyle brand, focusing on the concept of "body and mind settling" to enhance the overall quality of life for users [8][12] - The company has set ambitious goals, such as achieving "2000 good stores" in three years, indicating a commitment to expanding its brand presence and enhancing user experience [8][12] Group 5: Future Directions - Atour plans to extend its focus on lifestyle experience upgrades, ensuring that the concept of settling extends beyond travel to everyday life [12] - The collaboration with Starbucks is part of a broader strategy to create a comprehensive lifestyle network that integrates various aspects of urban living [9][11]

检查主要采用询问认证人员及管理人员、抽查认证检测档案、核验有关获证组织等方式。结合认证机构 风险分类聚焦高风险机构，坚持问题导向制定专项检查方案，严格按照规范涉企行政检查要求规范检查 行为，发现问题迅速移交相关部门依法依规处置。 2026年，市场监管部门将紧紧围绕质量认证行业公信力建设总体目标，保持质量认证行业监管高压态 势，提高监管精准性和震慑力，持续优化环境，提振市场信心和社会预期，推动质量认证行业规范健康 发展。 2025年，市场监管总局组织开展认证机构"双随机、一公开"检查，共随机抽取300家认证机构，其中问 题较集中的40家由总局组织重点核查，其他260家由地方市场监管部门组织现场核查。地方市场监管部 门共出动检查人员10665人次，查验4412家获证组织，发现各类问题6114项，已对59家认证机构实施经 济处罚，罚没金额总计685万元，处理结果正在陆续公布中。 新京报讯(记者陈琳)近日，市场监管总局发布《2025年认证机构"双随机、一公开"检查情况通报》，向 社会通报市场监管总局组织的40家认证机构检查情况，共有38家认证机构受到不同程度的处理。 其中，顶呱呱认证有限公司不能持续符合资质审批条件被 ...

央视新闻消息，当地时间1月16日，俄罗斯联邦安全会议副主席梅德韦杰夫表示，2025年已有超过42.2 万人签署入伍服役合同，另有3.2万人自愿报名入伍。 2025年9月29日，俄罗斯总统普京签署了2025年秋季征兵令。据介绍，俄罗斯武装力量秋季征兵工作从 当年10月1日开始至12月31日结束，计划征召135000人，征兵年龄段为18至30岁的俄罗斯公民。 他强调，俄罗斯总统普京去年提出的征兵任务已经完成。 ...

新京报讯据海南省纪委监委消息：三沙市委原副书记、市政府原市长文斌涉嫌严重违纪违法，目前正接 受海南省纪委监委纪律审查和监察调查。 ...

Core Insights - Meituan's LongCat team has released an upgraded open-source model, LongCat-Flash-Thinking-2601, which achieves state-of-the-art performance in key evaluation benchmarks such as Agentic Search and Tool Use [1][3] - The new model demonstrates significant advantages in tool usage generalization, outperforming Claude-Opus-4.5-Thinking in complex tasks that rely on tool invocation, thereby reducing training costs for adapting to new tools in real-world scenarios [1][3] - The model supports a "rethink" mode, allowing it to activate eight independent "thinkers" to execute tasks simultaneously, enhancing the depth of analysis [1][2] Model Performance and Analysis - In a test scenario regarding the winter of 2010, the model provided multiple analyses, ultimately concluding that it was a "warm early winter, cold mid-winter" due to the influence of a strong La Niña event, despite not strictly meeting the cold winter criteria [2] - The system's analysis of the reasons behind the failure of Smartisan Technology highlighted issues such as internal turmoil, lack of management experience, funding difficulties, and an overemphasis on design and marketing at the expense of supply chain management [2] Technical Approach - The LongCat team has developed a diverse and high-intensity training environment for the model, integrating over 60 tools to create complex interdependencies, which enhances the model's generalization capabilities in unknown scenarios [3][4] - The training infrastructure has been expanded to support stable parallel training of large-scale multi-environment agents, maximizing training efficiency and resource utilization by intelligently distributing computational power based on task difficulty and training progress [3] - To address real-world uncertainties, the team has incorporated various types of noise into the training data, simulating API failures and incomplete data scenarios, thereby improving the model's decision-making under adverse conditions [4]

Core Viewpoint - The Chinese government will eliminate the export VAT rebate for photovoltaic products and lithium battery products starting from April 1, 2026, with a transitional reduction in the rebate rate for battery products from 9% to 6% until the end of 2026, followed by a complete cancellation in 2027 [1][2]. Group 1: Policy Impact - The policy aims to reduce trade friction, promote industrial upgrading, and prevent "involution and externalization" of competitive advantages in the lithium battery sector [2][8]. - The expected impact on export VAT rebates is approximately $22 billion in 2026 and $66 billion in 2027, based on projected export growth rates [9]. - The transition period allows companies to adjust prices to mitigate the impact, potentially leading to a surge in exports before the policy takes full effect [2][4]. Group 2: Market Dynamics - The lithium battery export market is experiencing a shift from a traditional off-peak season to a peak season due to the new policy, which is expected to drive demand [3]. - A "scramble for goods" is occurring throughout the lithium battery supply chain, with companies preparing to increase production and stock up before the policy changes [4]. - The price of lithium carbonate futures has surged significantly, with a year-to-date increase of 37.25% as of mid-January 2026, indicating strong market demand [5][6]. Group 3: Industry Strategy - The policy is designed to guide companies away from price competition and towards technological upgrades and brand building, ensuring sustainable development of the industry [7][8]. - Major Chinese battery manufacturers are expanding their production capacity overseas, particularly in Southeast Asia and Europe, which will enhance their global competitiveness and profitability [4][8].

一、双碳要闻 A. 政策指引 1. 央行每年8000亿拓展碳减排支持工具 1月15日，央行公告，为推动经济社会发展全面绿色转型，进一步做好绿色金融大文章，中国人民银行 决定将节能改造、绿色升级、能源绿色低碳转型等具有直接碳减排效应的项目纳入碳减排支持工具支持 领域。碳减排支持工具按季操作，每次操作提供1年期再贷款资金，全年操作量不超过8000亿元。中国 人民银行根据货币政策调控需要确定季度操作量，依据金融机构向支持领域发放的贷款情况以及再贷款 需求，按照政策规定提供再贷款资金支持。 零碳解读：碳减排支持工具拓展了支持领域——一系列调整显示，货币政策正更精准地将金融资源导向 科技创新、绿色转型、普惠金融等重点领域。 2. 两部门关于推进能源气象服务体系建设的指导意见 近日，中国气象局和国家能源局印发关于推进能源气象服务体系建设的指导意见。意见提出，到2027 年，覆盖能源规划选址及供应保障、资源监测预报、防灾减灾、气候生态效应评估、电力市场交易等全 场景和短临至月季年尺度无缝隙的一体化能源气象服务体系基本建立，自主可控的风能太阳能专业数值 模式和能源电力气象人工智能专业模型业务化运行。国省两级建立有技术平台、有 ...