人民财讯1月26日电，1月26日，商务部外国投资管理司负责人王亚在国新办新闻发布会上表示，近期将 上线国家层面的海外综合服务大平台。该平台统筹外事、法律、财税、金融、经贸、物流、海关、贸促 等领域服务资源，围绕企业出海有关的政策咨询、业务办理、国别信息、动态资讯、资源对接、风险防 控等共性需求，形成一个窗口、一站式出海服务平台。 (资料图) ...

Core Insights - Beijing Off-road has achieved significant growth in 2025, marking a return to over one million units for domestic brands after six years, with over 200,000 units sold and a 72% year-on-year increase in deliveries of the boxy model [1][2] - The company emphasizes a transformation into a "user-centric enterprise," focusing on emotional value and community building among users, while also enhancing operational efficiency [2][3] Group 1: Performance Highlights - In 2025, Beijing Off-road's sales reached over 200,000 units, with the boxy model delivering 147,000 units, a 72% increase year-on-year, and monthly sales consistently exceeding 20,000 units [1] - The user structure has shifted, with personal users now accounting for 83% of sales, a 13 percentage point increase, and sales of rugged off-road vehicles nearly doubling to 76,000 units [1] Group 2: Strategic Initiatives - The company plans to launch six new models in 2026, including the BJ40 Explorer and BJ60, which will feature advanced technology and luxury elements, aiming for a comprehensive product matrix [2] - Marketing strategies include the "4,3,2,3" approach, focusing on brand events and user engagement through various activities and clubs to deepen connections with customers [3] Group 3: Future Goals - Beijing Off-road aims for a total sales target of over 300,000 units in 2026, with 200,000 units for domestic sales and 100,000 units for exports, indicating a strong push for global market expansion [3] - The company is committed to deepening its roots in user engagement and quality while embracing innovation to become a leader in the off-road vehicle market [3]

面向高端纯电与增混市场，蜂巢能源推出龙鳞甲3.0+半固态电池方案。该体系全球首次在方形电芯中实 现"火、电分离"设计，并兼容CTC/CTB集成技术。半固态电池引入不可燃固态电解质，配合自研固态 电解质隔膜转印技术，在维持高能量密度的同时，显著提升热稳定性。目前蜂巢能源已建成2.3GWh半 固态专用产线，首代270Wh/kg电芯已获欧洲车企及国内eVTOL项目订单，计划2026年实现批量交付。 随着新能源乘用车渗透率持续突破50%，中国市场已进入电动化普及新阶段。用户需求从单纯追求续航 转向对补能效率、安全性能及全场景体验的综合考量。在此背景下，技术领先与场景化创新成为企业突 围的关键。 日前，蜂巢能源在第六届电池日上，正式发布全球最大电量插混电池包堡垒2.0、全球首个大电量HEV 电池，以及结合龙鳞甲3.0与半固态技术的高安全电池解决方案。这三项核心品类分别瞄准大电量插 混、燃油车混动升级及高端纯电市场，通过电量、安全与快充等维度的突破，试图重新定义各细分赛道 的技术标杆。 此次发布的堡垒2.0电池包专为插混车型设计，系统电量提升至80度，能量密度较前代提升2%，体积利 用率提高6%。其搭载的超充石墨技术支持 ...

Core Viewpoint - Xinlian Electronics (002546) expects a significant increase in net profit attributable to shareholders for 2025, projecting a range of 552 million to 611 million yuan, representing a year-on-year growth of 106.80% to 129.11% [1] Financial Performance - The anticipated growth in net profit is primarily attributed to a substantial increase in non-recurring gains compared to the same period last year [1] - The estimated impact of non-recurring gains on net profit for 2025 is projected to be between 433 million to 462 million yuan [1] - The increase in non-recurring gains is mainly due to higher investment income from financial products and increased fair value changes of trading financial assets [1]

人民财讯1月26日电，广济药业（000952）1月26日发布业绩预告，预计2025年亏损3.99亿元—5.18亿 元，上年同期亏损2.95亿元。报告期内，受行业市场竞争持续加剧影响，公司主要产品销售价格长期处 于低位，未能呈现回暖态势；部分控股子公司经营状况未能得到有效改善，持续出现亏损。 ...

人民财讯1月26日电，邦基科技（603151）1月26日公告，公司预计2025年度归属于母公司所有者的净利 润1.1亿元到1.35亿元，同比增加119.43%到169.3%。报告期内，直销渠道合作的规模化养殖企业存栏量 增加，拉动公司产品销量及销售收入同步增长，进而推动整体盈利规模提升。 ...

Core Viewpoint - The company expects a significant increase in net profit for the fiscal year 2025, projecting a range of 14.5 million to 16.5 million yuan, which represents a year-on-year growth of 357% to 420% [1] Group 1 - The company actively cooperated with government initiatives aimed at boosting consumer spending during the reporting period [1] - Initiatives included increasing the number of first stores, enhancing first launches, and organizing first exhibitions [1] - The collaboration with the government also involved the distribution of special consumer vouchers, which effectively stimulated overall sales [1]

对于投资者而言，每年1月的业绩预告期，不仅是观察上市公司盈利状况的窗口，更是一次重要的"排 雷"期。翻阅这些公告，部分投资者习惯于捕捉利润增幅、营收规模等直观数据，却可能忽略了更为关 键的退市风险提示。*ST岩石（600696）、*ST熊猫（600599）近期发布的业绩预告，均揭示了重大退 市风险。*ST正平（603843）、*ST沐邦（603398）等公司，虽尚未披露业绩预告，但其退市风险在前 期公告中已反复提示，即将披露的业绩预告值得重点关注。读懂业绩预告中的退市信号，洞察"非标意 见"的消除可能，辨别"踩线达标"陷阱，无疑是投资者守护自身投资安全的一道防线。 退市预期已明确不可再有侥幸心理 1月23日晚间，*ST岩石和*ST熊猫双双发布业绩预告，均表示基于初步核算或审核情况，公司股票预计 因触及财务类退市指标而被终止上市。 具体来看，*ST岩石的退市风险源于主业萎缩。根据业绩预告，公司预计2025年度营业收入仅为0.48亿 元至0.6亿元，且利润总额、净利润、扣非净利润均亏损超1亿元。根据股票上市规则，这将触及"营收 低于3亿元且利润总额、扣非前后净利润孰低者为负"的财务类退市情形，退市预期已相当明确。 ...

Core Viewpoint - Tencent is launching a Spring Festival activity on February 1, distributing a total of 1 billion cash red envelopes through the Yuanbao App, with individual red envelopes worth up to 10,000 yuan [1]. Group 1: Company Initiatives - Tencent aims to recreate the success of the 2015 Spring Festival when it distributed 500 million cash red envelopes via WeChat, marking a significant milestone for mobile payments [1]. - The initiative is part of Tencent's strategy to enhance user engagement and promote its payment services [1]. Group 2: Historical Context - The 2015 event is referred to as the "Normandy Landing" for WeChat Pay, as it opened the floodgates for mobile payment adoption in China [1].

人民财讯1月26日电，1月26日，在腾讯2026年员工大会上，证券时报记者获悉，腾讯董事会主席兼首席 执行官马化腾正式预告了AI助手"元宝"即将上线的新功能"元宝派"。该功能旨在探索AI与多人社交的深 度融合，打造一个用户可与AI及好友共同娱乐、协作的"社交空间"。用户可在其中创建自己的"派"，一 起观看腾讯视频、收听QQ音乐，并与AI实时互动。 "再预告一下，因为我自己也在内测，我们的元宝也会引入一个新的和我们特点结合的社交功能。元宝 派未来可能还会再设计一些通信的功能，我们先结合自己的优势，社交通信以及我们的关系链营造一个 好的氛围。"马化腾在大会现场为元宝"拉票"，安利大家下载体验，同时也对元宝派的社交探索给予了 期望。 ...