Core Viewpoint - Hanma Technology will cease the production and sales of traditional fuel vehicles in China starting December 31, 2025, as part of its strategic transformation towards new energy and clean energy vehicles [1][2] Group 1: Strategic Transition - The company is the only commercial vehicle enterprise among the seven "chain master" enterprises in the Anhui Province's new energy vehicle industry cluster, originally focusing on specialized engineering vehicles [1] - In 2020, Geely acquired Hanma Technology, shifting the focus towards new energy heavy trucks [1] - The board of directors approved the proposal to transition to new energy and stop producing fuel vehicles, aligning with China's "dual carbon" goals [1] Group 2: Domestic Market Plans - Hanma Technology will stop selling traditional fuel vehicles in the domestic market starting December 31, 2025, while continuing to provide services for existing fuel vehicle users, including connectivity, after-sales service, and spare parts [1] Group 3: International Market Strategy - The company will continue to produce and export traditional fuel vehicles to meet overseas market demand, ensuring that this does not affect the domestic cessation of fuel vehicle production [2] - Hanma Technology will adopt a "domestic new energy + overseas dual-track" differentiated strategy for future product sales [2]

Core Insights - Bangyan Technology officially launched NuwaAI V1.0 on November 20, which is designed to generate executable tasks from a single natural language instruction [1] Group 1: Product Features - NuwaAI's core functionality allows users to create digital personas with identity settings, expressive capabilities, and complete task execution processes [1] - The system supports multilingual output, enabling content tailored for overseas markets, thus reducing costs related to translation, filming, and editing [1] Group 2: Application Scenarios - In educational settings, NuwaAI can assist teachers in recording standardized courses [1] - Within corporate operations, it can produce presentation materials, interpret processes, or provide meeting assistance [1] - In brand marketing and live streaming scenarios, NuwaAI can facilitate explanations and information dissemination [1]

11月20日，鲲石生物公众号发文称，近日完成 5000 万元人民币 A 轮融资，用于深入推进其全球领先的 巨噬细胞药物研发及临床转化。 此次融资的顺利完成，不仅体现了资本市场对公司在巨噬细胞药物领域创新能力和研发进展的高度认 可，也为后续临床转化奠定了坚实基础。 公众号指出，本轮融资将重点用于公司全球领先的巨噬细胞药物平台建设，加速推进自主研发的第三代 CAR-M 靶向 HER2 管线的 IND 申报、一期临床进程以及胰腺癌，肺癌等管线临床前研究和 IIT 探索。 ...

【#中金公司吸收合并两券商后应不会更名#】中金公司通过换股方式吸收合并东兴证券、信达证券，合 并后是否更名的话题掀起猜测热潮，对此，有业内人士明确表示，本次交易本质是"吸收合并"，交易完 成后东兴证券、信达证券的法人主体将不再保留，相关业务与资源将整合至中金公司体系内。此外，作 为行业龙头，中金公司无论资本规模、业务实力还是品牌影响力均远超两家被合并方，且本次重组核心 是实现资源优化与协同效应，因此合并后不会变更名称，将继续沿用"中金公司"。（智通财经） ...

Core Viewpoint - The announcement by Heptares Therapeutics regarding its subsidiary Nona Biosciences entering a non-exclusive licensing agreement with Pfizer to advance preclinical antibody discovery for various potential disease indications [1] Group 1: Agreement Details - Nona Biosciences grants Pfizer global rights to utilize its proprietary HCAb platform for the development of fully human only heavy chain antibodies [1] - Nona Biosciences will receive an upfront payment and is entitled to regulatory, clinical, and commercial milestone payments [1] - The collaboration allows Nona Biosciences to leverage its HCAb platform, advanced B cell screening technology, and comprehensive services for antibody discovery, development, and engineering [1]

公开消息显示，吉利目前已投资两家机器人公司，分别是星动纪元和宇树科技。作为软硬一体化企业， 星动纪元今年10月联合清华陈建宇团队与斯坦福Chelsea Finn团队(PI联创)，共同提出可控生成世界模 型"Ctrl-World"。该技术让机器人可在"想象空间"完成任务预演、策略评估与自我迭代，直接将陌生场 景下游任务成功率平均提升44.7%。 2025年11月20日，星动纪元宣布完成近10亿元A+轮融资，本轮融资由吉利资本领投，北汽产投参与战 略投资，北京市人工智能产业投资基金、北京机器人产业发展投资基金联合注资，同时已有多家国际产 业巨头资本加入加持公司。 ...

Core Insights - Xixiangfeng Group, known as the "first stock of direct car rental," has established a deep strategic partnership with Geely Auto Group and its financial platform, Zhejiang Zhihui Puhua Financing Leasing Co., Ltd., aiming to explore the new retail model and set ambitious targets for new car launches by 2026 [1][2] Group 1: Strategic Cooperation - The collaboration focuses on creating a comprehensive "product-finance-service" closed-loop system to tap into the trillion-level market of new automotive retail [1][2] - Xixiangfeng Group aims to leverage Geely's quality product resources and Zhihui Puhua's financial support to enhance its growth engines in the underdeveloped market, ride-hailing operations, and global expansion [1][2] Group 2: Financial Performance - Xixiangfeng Group has shown steady growth, with total revenue reaching 769 million yuan in the first half of 2025, a year-on-year increase of 16.8%, and a net profit of 22.57 million yuan, up 15.9% [2] - The company has established 110 self-operated sales outlets and deepened partnerships with companies like Tuhu to enhance its marketing service system in lower-tier cities [2] Group 3: Product and Market Demand - The strategic partnership allows Xixiangfeng Group to access Geely's diverse range of high-quality new energy vehicles, catering to the demand for cost-effective and compliant models in the underdeveloped market and among ride-hailing drivers [3] Group 4: Financial Support and Policy Environment - The collaboration includes specialized funding support from Zhihui Puhua for purchasing Geely vehicles, which will optimize vehicle procurement and inventory structure, enhancing asset turnover efficiency [4] - Current national policies are supportive of automotive consumption and financial markets, with measures like targeted reserve requirement reductions for auto finance companies, stimulating the automotive financial leasing market [4] Group 5: Target Market and Risk Management - Xixiangfeng Group's "rent-to-buy" model is particularly beneficial for young consumers, individual operators, and ride-hailing drivers, addressing the challenges traditional financial institutions face in these segments [5] - The combination of Zhihui Puhua's financing experience and Xixiangfeng's market insights aims to create a robust and low-risk inclusive financial system, aligning with national strategies for inclusive finance [5] Group 6: Technological Integration and Global Expansion - Xixiangfeng Group is expanding its overseas operations, having established its first direct service hub in Uzbekistan, contributing to export revenue of 38 million yuan in the first half of the year [7] - The company is leveraging AI models for risk control and customer service, achieving over 60% automation, which enhances operational efficiency and asset management [7] - The partnership will enable Xixiangfeng to utilize data from Geely and Zhihui Puhua for better customer profiling, efficient vehicle circulation, and stringent risk management [7]

11月20日早间，联想集团公布2025/26年财政年度中期业绩：集团的收入及权益持有人应占溢利分别同 比增长18%及40%，达390亿美元及8.46亿美元，创下集团上半年收入新高。第二季度，集团的收入录得 205亿美元的历史新高。董事会宣布派发中期股息每股8.5港仙，合共约1.354亿美元。（新浪财经） ...

11月20日，中国人民银行授权全国银行间同业拆借中心公布，2025年10月20日贷款市场报价利率(LPR) 为：1年期LPR为3.0%，5年期以上LPR为3.5%。以上LPR在下一次发布LPR之前有效。 ...

中国银行(601988) < 日 Q 交易中 11-20 09:39:36 融 通 6.14 额 5.90亿 股本 3222.12亿 市盈 8.3 万得 盘口 换 0.05% 市值1 18219亿 0.14 2.33% 港股 4.690 +0.030 +0.64% 溢价(H/A) -30.44% 五日 周K 月K 更多 © 分时 均价:6.07 叠加 6.16 2.67% 0.00% 6.00 5.84 -2.67% 09:15 09:30 11:30/13:00 15:00 |← 总量:97.20万 HISPECIENCESS 20万 10万 ky !! Alice已为您总结好了今日简报 查看 资讯 餐金 雷达 财务 車仓 【#中国银行股价再创历史新高# 总市值逼近2万亿元】11月20日，中国银行盘中股价创历史新高（前复 权），现涨超2%，报6.14元，总市值逼近2万亿元。（每经） ...