Core Viewpoint - The company, Kouzi Jiao, has announced a significant reduction in its expected net profit for the fiscal year 2025, projecting a decrease of 50% to 60% compared to the previous year [1] Financial Performance - The estimated net profit for 2025 is projected to be between 662.1 million yuan and 827.6 million yuan [1] - The decline in profit is attributed to a combination of market differentiation within the liquor industry, intensified channel changes, and a downturn in demand, alongside policy changes [1] Sales and Revenue Impact - The core profit source, high-end liquor product sales, has seen a substantial decline, leading to a decrease in overall operating revenue [1] - Management and sales expenses have not decreased as significantly as the decline in operating revenue, resulting in a larger drop in total profit [1]

Core Insights - IKEA China announced a strategic adjustment in its store layout, deciding to close seven physical locations starting February 2, 2026, after a comprehensive review of existing customer touchpoints [1] - The company aims to shift from scale expansion to focused development, with a particular emphasis on Beijing and Shenzhen as key markets, planning to open over ten small stores in the next two years [1] Group 1: Store Closures - The seven stores set to close include locations in Shanghai, Guangzhou, Tianjin, Nantong, Xuzhou, Ningbo, and Harbin [1] - Customers in these cities will still have access to IKEA products and services through other nearby stores and various online platforms [1] Group 2: Future Expansion Plans - IKEA China plans to open new small-format stores, including the Dongguan store in February 2026 and the Tongzhou store in Beijing in April 2026 [1] - The company will continue to enhance its online presence and invest in existing stores to improve customer and employee experiences [1]

1月8日，据长沙银行（601577）披露，该行发行的金芙蓉2026年长福净值01期封闭式净值型理财产品认 购期为2026年1月8日—2026年1月14日。认购起点金额为1万元，发行规模下限为2000万元，上限为10亿 元。产品类型为固定收益类，内部风险评级为中等风险，产品期限448天，业绩比较基准为 2.25%-3.05%。 以上理财产品信息仅供参考，具体应以《产品说明书》等销售文件为准。本文不构成任何投资建议，投 资者据此操作，风险自担。 注：业绩比较基准不是预期收益率，不代表产品的未来表现和实际收益，不构成对产品收益的承诺。 ...

近日，昆药集团（600422）发布公告称，董事会于近日收到副董事长李泓燊递交的书面辞职报告。因工 作调整原因，李泓燊申请辞去公司十一届董事会副董事长、董事、董事会战略与ESG委员会委员、审计 与风险控制委员会委员职务。辞任后，李泓燊不再担任公司任何职务。 ...

Group 1 - The company, Beiyin Wealth Management, has launched the Jinghua Vision Spring Series Zhi Yuan Closed-End No. 20 Wealth Management Product with a fundraising period from January 8, 2026, to January 14, 2026 [1] - The investment minimum for the product is set at 1 yuan, and it is classified as a fixed income, non-principal guaranteed floating income product with a low-risk rating (PR2) [1] - The product has a duration of 727 days and an expected performance benchmark of 2.5%-3.5% [1]

Group 1 - The core viewpoint of the article is the launch of a new wealth management product by China Post Wealth Management, which is aimed at attracting individual investors with a low entry threshold and a fixed income investment nature [1] - The product, named "Hongsong Multi-Asset Rotation Strategy," has a subscription period from January 8, 2026, to January 21, 2026, with an initial fundraising cap of 1 billion yuan [1] - The product has a risk level classified as PR2 and a duration of 810 days, with a performance benchmark ranging from 0.30% to 4.20% annually [1]

Core Viewpoint - The company SuYin Wealth Management has announced the issuance of a fixed-income financial product, targeting a total fundraising scale of 1 billion yuan, with a minimum issuance scale of 30 million yuan [1] Group 1: Product Details - The fundraising period for the product "Hengyuan Target Earnings Phase 76" is from January 8, 2026, to January 14, 2026 [1] - The product is classified as a fixed-income, public, and closed-end type, with an internal risk rating of Level 2 (PR2) [1] - The product has a duration of 763 days, with an annualized performance benchmark of 2.30%-3.30% and a target yield of 2.50% [1] Group 2: Investment Considerations - The performance benchmark is not indicative of expected returns and does not guarantee future performance or actual returns [1] - The information provided is for reference only, and specific details should be referred to in the product prospectus and other sales documents [1]

Core Viewpoint - Health元's subsidiary, Zhuhai Lizhu Biotech Co., Ltd., has announced that its product, Lakanqita monoclonal injection, has been included in the priority review and approval process as of December 26, 2025, marking its entry into the priority review stage for drug marketing authorization [1] Group 1 - The drug is intended for adult patients with moderate to severe plaque psoriasis who are suitable for systemic therapy or phototherapy [1] - Lakanqita monoclonal injection is the first domestically developed and the second globally in progress IL-17A/F dual-target inhibitor [1] - The clinical trial, which was multi-center, randomized, double-blind, and positive-controlled, was completed in July 2025, showing that the drug is more effective than the comparator, Secukinumab, with good safety [1] Group 2 - Although the drug application has been accepted, it still requires evaluation and on-site inspection, leaving uncertainty regarding the final approval and market launch timing [1]

2026年1月7日公司股票收盘价格为0.84元/股，已连续五个交易日均低于1元。根据《深圳证券交易所创 业板股票上市规则》第10.2.1条的规定，若公司出现连续二十个交易日的股票收盘价均低于1元，或者连 续二十个交易日的股票收盘市值均低于3亿元，公司股票将被终止上市。 公司股票自2025年4月22日起被实施退市风险警示和其他风险警示，自2025年12月29日起被叠加实施退 市风险警示。 近日，长江医药发布公告称，公司（以下简称"公司"或"长药控股"）股票收盘市值2.94亿元，根据《深 圳证券交易所创业板股票上市规则》第10.2.3条的规定，上市公司首次出现股票收盘市值低于3亿元情形 的，应当在次一交易日披露公司股票可能被终止上市的风险提示公告。 （长江医药公告） ...

Core Insights - Lin Yunfeng, a key figure in NetEase's DreamWorks division, officially left the company on January 7 [1] - Lin previously served as the head of the DreamWorks division and was reassigned to lead the online gaming division's project "Fenghua Battle" [1] - The internal restructuring of the DreamWorks division is expected to be completed by October 2025, with Wu Weicong taking over as the new head [1] Company Changes - Lin Yunfeng was involved in the development of "Fantasy Westward Journey" since 2003 and became the second chief planner of the game [1] - In 2015, Lin was promoted to producer of "Fantasy Westward Journey" and head of the DreamWorks division [1] - The restructuring will see mobile projects move to the Sea God division, led by Chen Junxiong, while PC projects remain under the DreamWorks division [1]