Core Viewpoint - The company, Jinlongyu (300999), has successfully exported its ambient rice series products to multiple countries including Australia, Singapore, and the United States, and will determine future product promotion based on business development plans and market demand [1] Group 1 - The ambient rice series products have been exported to Australia, Singapore, and the United States [1] - Future product promotion will be decided based on business development and market demand [1]

Core Viewpoint - The company, Laiyifen, announced a plan for a shareholder, Shanghai Aiwu Enterprise Management Co., Ltd., to reduce its stake in the company by up to 10,032,724 shares, representing no more than 3% of the total share capital [1] Summary by Categories Shareholder Reduction Plan - Aiwu Enterprise Management plans to reduce its holdings through centralized bidding and block trading methods, with a total reduction not exceeding 10,032,724 shares [1] - The reduction via centralized bidding will not exceed 3,344,241 shares, or 1% of the total share capital, to be executed within three months starting from January 30, 2026 [1] - The block trading reduction will not exceed 6,688,483 shares, or 2% of the total share capital, also to be executed within the same three-month period [1]

Core Viewpoint - Shanghai Mobile has been accused of pressuring employees to disconnect customers' internet services, which the company strongly denies, stating that such claims are false and have been reported to the police for further investigation [1] Group 1 - On January 7, 2026, a video surfaced alleging that Shanghai Mobile employees were coerced into disconnecting customers' internet services [1] - Shanghai Mobile officially responded on January 8, stating that it has never required its broadband installation and maintenance personnel to force customers into service cancellations [1] - The company has filed a report with law enforcement regarding the allegations and intends to pursue legal action against those spreading false information [1]

Core Viewpoint - The incident involving a child throwing a diaper into a hot pot at a Haidilao restaurant has gained significant media attention, highlighting potential concerns regarding customer behavior and restaurant management practices [1] Group 1 - On December 31, 2025, a two-year-old child threw a diaper into the dining pot at Haidilao's Xuzhou Yunlong Wanda Plaza location [1] - The restaurant promptly disposed of the affected pot and reported the incident to the police [1] - Local authorities have taken appropriate action against the guardian present at the time of the incident [1]

Core Viewpoint - The company is launching multiple products of Guizhou Moutai liquor for online sale starting January 9, with specific purchasing limits and delivery methods outlined. Group 1: Product Launch Details - Starting January 9, consumers can log into the i Moutai app daily at 09:09 to purchase 53% vol 500ml Guizhou Moutai liquor (premium), with a limit of 6 bottles per user per day, available until sold out [1][4] - From January 10, consumers can also purchase the Flying Fairy 53% vol 1L Guizhou Moutai liquor and the Flying Fairy 53% vol 100ml Guizhou Moutai liquor (i Moutai) gift set, with the same purchase limit of 6 bottles per user per day [1][4] Group 2: Delivery Methods - The Flying Fairy 53% vol 100ml Guizhou Moutai liquor (i Moutai) gift set will be delivered through both "express delivery" and "store pickup" options, while other products will be delivered via "express delivery" only [4] Group 3: Future Product Launches - On January 6, the 53% vol 500ml Guizhou Moutai liquor (Bingwu Year) premium version was officially launched, receiving positive feedback for its high quality and aesthetics [5] - The company has optimized the launch schedule for the 53% vol 500ml Guizhou Moutai liquor (Bingwu Year) premium version for 2026, with specific dates for Spring Festival, i Moutai brand day, Mid-Autumn Festival, and Winter events [5]

1月7日，国家金融监督管理总局山东监管局发布批复，同意临商银行注册资本增加人民币6.4亿元，由人民币44.33亿元变更为人民币50.73亿元。 ...

Group 1 - In 2025, the private securities product registration surged, with a total of 12,645 products registered, representing a 99.54% increase from 6,337 in 2024 [1] - Equity strategies remain the preferred choice for private institutions, with 8,328 equity strategy products registered, accounting for 65.86% of all registered products [1] - Multi-asset strategies and futures and derivatives strategies ranked second and third in registration numbers, with 1,806 and 1,274 products respectively, representing 14.28% and 10.08% of the total [1] Group 2 - In 2025, the number of registered quantitative private equity products reached 5,617, a 114.31% increase from 2,621 in 2024, making up 44.42% of the total [2] - Among quantitative products, equity strategy quantitative products dominated with 4,077 registered, representing 72.58% of the total quantitative products [2] - The quantitative long strategy was particularly notable, with 2,746 registrations, accounting for 48.89% of the quantitative product total [2] Group 3 - Multi-asset quantitative strategies, bond quantitative strategies, and combination funds registered 594, 100, and 73 products respectively, forming a multi-dimensional quantitative ecosystem [3] - The registration data indicates a clear concentration among leading private equity firms, with 26 out of 29 firms having over 10 billion in assets under management [3] - Quantitative investment has become the main focus for leading firms, with 24 out of 29 firms employing quantitative strategies [3] Group 4 - The private securities product registration data indicates three major development trends: the solidification of equity strategies, the rapid rise of multi-asset and derivative strategies, and the increasing focus on quantitative investment among leading firms [4] - The steady growth of the private securities industry is attributed to the deepening of capital market reforms and continuous improvements in strategy innovation and risk management [4] - The private securities industry is expected to move towards a higher quality development stage, providing investors with more diverse asset allocation options [4]

Core Insights - In December 2025, a total of 713 private equity firms participated in A-share research activities, covering 392 stocks across 28 primary industries, with a total of 1,765 research instances recorded [1] - Notably, 43 large private equity firms conducted research on 151 A-shares, accounting for 16.49% of the total research instances [1] - The most researched stocks included Haiguang Information and Zhongke Shuguang, each receiving 117 research instances, significantly outpacing other A-shares [1][2] Industry Focus - The top ten stocks receiving the most attention from private equity firms were primarily in the machinery, electronics, and pharmaceutical industries, with three stocks from the machinery sector making the list [2][4] - The electronics industry had 60 stocks researched, totaling 384 instances, while the machinery sector had 64 stocks with 286 instances, making them the focal points of private equity research [4][5] - Other industries that garnered significant attention included computer, pharmaceutical, automotive, and power equipment, each surpassing 100 research instances [4][5] Stock Research Rankings - The top ten A-shares by research instances in December included: - Haiguang Information (117 instances) - Zhongke Shuguang (117 instances) - Changan Automobile (42 instances) - Jerry Holdings (34 instances) - Boying Welding (31 instances) - Weichuang Electric (30 instances) - Yipin Hong (30 instances) - Huqin Technology (27 instances) - Huatong Cable (25 instances) - Zoli Pharmaceutical (24 instances) [3] Active Private Equity Firms - In December, 24 private equity firms conducted at least 10 research instances, with 12 of them being large firms [5][6] - Zhengyuan Investment led with 28 research instances covering 27 stocks, primarily in the machinery sector [6][7] - Other notable firms included Dui Shui Quan with 25 instances, Gao Yi Asset and He Xie Hui Yi Asset with 21 instances each, and Panjing Investment with 19 instances [6][7][8]

Group 1 - Multiple car manufacturers are launching price reduction promotions to respond to the impact of the new energy vehicle purchase tax [1][2] - Tesla China has introduced purchase incentives for Model 3/Y/Y L, including a "7-year ultra-low interest" financing plan with a minimum down payment of 79,900 yuan and monthly payments starting at 1,918 yuan [1] - GAC Group announced promotional activities for its self-owned brands, including limited-time purchase tax guarantees and additional subsidies for trade-ins or scrappage [1] - Xiaomi Auto is offering various promotions for its models YU7 and SU7 Ultra, with a "3-year 0% interest" option and a minimum down payment of 74,900 yuan [1] - BMW has initiated a significant official price adjustment for 31 models, with the highest reduction for the iX1, dropping from 299,900 yuan to 228,000 yuan, a decrease of 24% [1] - Volvo is promoting its new XC70 model with a limited-time offer that includes a direct purchase tax subsidy of 14,000 yuan [1] Group 2 - Wuling Motors announced full purchase tax subsidies for several new energy models, along with trade-in subsidies up to 8,000 yuan and limited-time financial interest subsidies up to 5,000 yuan [2] - Traditional car manufacturers such as Dongfeng, Chery, Deep Blue, FAW-Volkswagen, and GAC Toyota are also launching new year price reduction promotions for certain brands or models [2]

Core Viewpoint - Aima Technology denies rumors of significant layoffs exceeding 50%, stating that the personnel adjustments are minimal and part of normal business operations [1] Group 1: Company Response - Aima Technology's spokesperson clarified that the recent personnel adjustments are normal year-end human resource changes, with only a few individuals affected, contrary to exaggerated online reports [1] - The company confirmed that its high-end brand "Lingji" and international division are operating normally and that there is no impact on overall company performance [1] Group 2: Market Context - Reports indicated that the layoffs were the largest in recent years, particularly affecting the "Lingji" brand and international department, with some employees receiving only one month’s salary as severance [1] - Aima Technology representatives emphasized that personnel optimization is a standard adjustment in the course of business development, aligning with the company's operational needs [1]