1月6日，大模型初创公司MiniMax（0100.HK）港股IPO申购正式收官。根据富途证券数据，MiniMax此 次IPO孖展金额录得超2533亿港元，公开发售部分超额认购1209倍。港交所公告显示，MiniMax预计在1 月9日正式登陆港股，拟在香港发售2540万股股票，发售价区间为每股151至165港元，预计募资金额约 为38.34-41.89亿港元。（第一财经） ...

Core Viewpoint - The article highlights the competitive challenges in the global photovoltaic (PV) industry, particularly the phenomenon of "involution," characterized by price wars and homogenized products. Wuxi Jiangsong Technology Co., Ltd. (referred to as "Jiangsong Technology"), currently in the IPO stage, exemplifies a "counter-involution" trend through its innovative and differentiated approach in the PV battery automation equipment sector [1]. Group 1: Technological Innovation - The essence of the PV industry's involution is the homogenization of technology, leading to price wars as the primary competitive strategy. Jiangsong Technology focuses on technological innovation to break this deadlock by developing advanced automation equipment for PV battery production [2]. - The company has successfully developed automation equipment for various processes in PV battery manufacturing, including diffusion annealing, PECVD, etching, texturing, and alkali etching, making it one of the few domestic manufacturers capable of providing comprehensive production solutions [2]. - Jiangsong Technology's automation equipment features high operational efficiency, precision, low breakage rates, and customization capabilities, enabling smart production and data collection for clients' digital factories [2]. Group 2: Market Position and Growth - Jiangsong Technology's diffusion annealing automation equipment achieves a capacity of 13,500 wafers per hour with a breakage rate as low as 0.01%, outperforming both domestic and international competitors [3]. - The company's PECVD automation equipment has increased production capacity from 4,500-6,000 wafers per hour to 8,500 wafers per hour, significantly aiding in cost reduction and efficiency improvement in PV battery production [3]. - Jiangsong Technology ranks first among PV battery automation equipment manufacturers according to the China Photovoltaic Industry Association's 2022-2023 annual report, with a compound annual growth rate of 58.15% in revenue from 2022 to 2024, indicating strong market recognition [3]. Group 3: Industry Dynamics and Future Outlook - Equipment manufacturers play a crucial role in the PV industry's value chain, influencing production efficiency, quality, and costs. Jiangsong Technology's focus on N-type battery technology positions it well to meet new market demands and facilitate the transition to advanced technologies [4]. - The global PV industry continues to grow, with 2023 witnessing a record 390 GW of new installations, including 216.88 GW in China. This growth is expected to drive demand for equipment manufacturers like Jiangsong Technology [5]. - Jiangsong Technology's IPO funding aims to expand production capacity, enhance product offerings, and strengthen R&D capabilities, reflecting a strategic shift in the Chinese PV industry towards high-end equipment and innovative technologies [5].

(编辑：杨燕 林辰) （港交所披露易） 近日，景泽生物医药(合肥)股份有限公司向港交所递交上市申请，作为一家专注于辅助生殖药物、眼科 药物两大赛道的生物制药公司，景泽生物建立了全面的研发体系、以及商业级规模的内部生产能力，自 主研发了多条产品管线、并且已将两个领域多款高技术且极具商业前景的候选药物推进至临床试验后期 及商业化阶段。 ...

1月5日，中原银行发布公告称，该行近日已取得来自国家金融监督管理总局河南监管局的《河南金融监管局关于周锋中原银行 行长任职资格的批复》（豫批复[2025]328号）。根据该批准文件，周锋担任该行行长的资格已获得核准，其任期自2025年12 月31日（即国家金融监督管理总局河南监管局核准其行长任职资格之日）起至该行第三届董事会换届时止。 （中原银行） ...

Core Viewpoint - Geely Auto announced the evolution of its AI technology system to version 2.0 at CES 2026, introducing the WAM world behavior model for cross-domain integration in automotive intelligence [1] Group 1: AI Technology Advancements - The AI 2.0 system supports the evolution of the Eva super-human emotional intelligence agent, which serves as the central intelligence for vehicles, enabling human-like dialogue and autonomous decision-making capabilities [1] - Geely introduced the G-ASD (千里浩瀚辅助驾驶系统) brand for its advanced driver assistance system, utilizing the Smart AI Agent architecture and the WAM model, achieving functionality coverage from Level 2 to Level 4 [1] Group 2: Product Launches and Sales Goals - Geely showcased new models including the Zeekr 9X and Galaxy M9, along with technological advancements such as the Shendun battery [1] - The company reported a 90% year-on-year increase in new energy vehicle sales for 2025 and plans to launch approximately 10 new vehicles in 2026, aiming for an annual target of 3.45 million units [1]

Core Viewpoint - The company emphasizes its commitment to serving the elderly population by addressing their diverse health needs and creating a community-based health service platform for senior citizens [1] Group 1: Services for the Elderly - The company offers a wide range of products that cater to the health needs of the elderly, including pharmaceuticals, medical devices, and health supplements [1] - The company has installed free self-testing Bluetooth smart devices for chronic diseases such as blood sugar, blood pressure, uric acid, Helicobacter pylori, and blood oxygen saturation in thousands of stores nationwide [1] - The company is advancing "age-friendly" initiatives by creating barrier-free access in some stores, providing magnifying glasses, large print instructions, dedicated consultation service desks for seniors, and free home delivery for elderly customers with mobility issues [1] Group 2: Community Support Services - The company provides convenience services to assist elderly customers with using smartphones for taxi booking, paying bills, and hospital registration, demonstrating a commitment to thoughtful care [1]

1月5日，泰禾集团股份有限公司发布重大事项公告。公告称，公司于2025年8月22日披露了公司董事长 兼总经理黄其森先生被辽宁省新民市监察委员会实施留置措施的公告。截止本公告披露日，对黄其森先 生的留置措施已经解除，黄其森先生正常履行公司董事长兼总经理的职责，公司生产经营情况正常。 ...

Group 1 - The core point of the article is the recent land auction in Shanghai, where two residential land parcels were offered, with a total starting price of 4.57 billion yuan [1] - The total area of the land parcels is approximately 89,200 square meters [1] - Yuexiu Property successfully acquired the Pudong New District land parcel for a base price of 2.561 billion yuan, resulting in a floor price of 38,035 yuan per square meter [1] Group 2 - The acquired land parcel covers an area of about 2.69 hectares and has a planned residential construction area of approximately 67,300 square meters [1] - The land has a plot ratio of 2.5 and is located near the intersection of Laiyang Road and Fangfei Road, approximately 800 meters from the Line 6 Zhuhai Road Station [1] - The surrounding area is well-equipped with commercial facilities, including the Senlan Shopping Center, and boasts a favorable ecological environment [1]

众信旅游北京零售门店相关负责人表示，此次集中开店是公司零售网络扩展的重要举措。截至 2026 年1 月，众信旅游在北京门店数量已超150家，新增门店后将提升市场渗透率与服务响应效率。 （众信旅游） 近期，众信旅游在北京地区集中开设9家线下零售门店，分别为永安里店、石景山山姆店、黄寺大街 店、花家地营业部、通州莲花荟店、甜水园店、南三环西路营业部、朝阳门外大街营业部及北三环安贞 营业部。 新开门店均采用 "智慧门店 3.0" 标准，集成自主研发的 "优游有米" 移动小程序，配备 AI 客服、智能产 品推荐、多维产品对比等数字化服务功能。同时，门店延续 "旅游服务 + 本地生活" 融合运营模式，提 供消费者沙龙、社区活动、签证办理、旅游周边配套等增值服务。 选址方面，9 家门店覆盖核心商务区、热门商圈、大型社区及交通便利区域，将进一步完善众信旅游在 北京的全域服务网络，助力实现 "1 小时交通圈" 旅游服务覆盖。 ...

Group 1 - The chairman of Taihe Group, Huang Qisen, has had his detention measures lifted and is resuming his duties as chairman and general manager, with normal business operations continuing [1] - Huang Qisen was placed under detention due to suspected illegal activities as reported on August 22, 2025, but the specific reasons for his detention were not disclosed [1] - Taihe Group has been facing a liquidity crisis in recent years, with deteriorating financial conditions, and Huang Qisen has been listed as a person subject to enforcement, with a consumption restriction order issued against him [1] Group 2 - Taihe Group was delisted from the Shenzhen Stock Exchange in August 2023 [2] - As of November 30, 2025, Taihe Group and its consolidated companies reported overdue interest-bearing total liabilities of 69.836 billion yuan, with non-standard debt overdue loans amounting to 48.102 billion yuan, domestic corporate bonds at 10.416 billion yuan, and overseas dollar bonds at 11.318 billion yuan [2]