Core Insights - Huawei's MateTV series has established itself in the high-end television market, ranking among the top three, showcasing strong market competitiveness [1][3] - The success of MateTV is attributed to its alignment with consumer upgrade trends, leveraging flagship smartphone technology to enhance performance and user experience [3][4] Market Position - Huawei's MateTV has captured a significant share in the high-end market, particularly in the growing segment of large-screen televisions (85 inches and above), creating barriers in high-value niches [3][4] - The brand's strategy of applying smartphone capabilities to television has disrupted traditional industry dynamics and shifted the focus from hardware to user experience [4][13] Product Recognition - The MateTV series has received multiple industry awards, including the "Annual Smart Product" from PConline and "Best Recommended Product" from First Home Appliances Network, reflecting its strong product capabilities [4] - Recognition from professional media underscores MateTV's excellence in performance, interaction, picture quality, and sound quality, affirming its position at the industry forefront [4] Technological Advancements - MateTV features flagship smartphone-level chips that ensure smooth playback of 4K content and seamless multitasking, addressing traditional television issues like lag and delay [6][10] - The integration of the Huawei Lingxi ecosystem enhances user interaction, making the experience intuitive and accessible, akin to smartphone usage [10][11] User Experience and Feedback - Analysts note that the popularity of MateTV signifies a shift in the television industry from hardware competition to experience competition, expanding its application scenarios [13] - Positive user feedback on social media highlights the convenience and effectiveness of the MateTV features, reinforcing its innovative value and market appeal [13]

Labubu二手市场价格大幅下跌 日前，泡泡玛特旗下Labubu系列盲盒二手市场价格大跌的消息引发热议。 12月29日晚间，"泡泡玛特开始五折甩卖了"的话题一度冲上微博热搜第一，在榜时长超4小时。 公司股价跌超40% 部分跌破发行价 具体来看，原价594元一盒的Labubu坐坐派对搪胶毛绒系列，7月份在二手平台的均价曾超1400元，目前已降至630元左右；售价99元的单只盲盒最低成交 价目前降至60元，跌破发行价。 小红书平台上，有网友表示自己买了两盒Labubu 4.0，原以为剩下的可以在闲鱼平台卖出，没想到原价卖都被嫌贵，她直言以后"再也不端盒了"。 隐藏款价格也出现大幅下调。其中，前方高能系列隐藏款"本我"的成交价，此前曾一度炒至4.6万元/只，被称为"盲盒界的爱马仕"，目前暴跌至480元左 右，跌幅超98%。第四代迷你Labubu的隐藏款也从800元回落至260元左右。 在闲鱼、千岛、得物等平台，近期Labubu的上架数量增多，不过成交价格出现下调。其中，闲鱼平台显示，6月以来，Labubu近7日成交均价一路震荡下 跌，目前已降至83.5元；而对于后续趋势，68%的用户看跌。 此外，在好特卖折扣门店上 ...

如果说近两年来中炬高新积极推进的业务改革是"内功"，那么此次资本市场的积极动作则是公司价值 的"外化"。此次中炬高新发布的公告中，回购方案与大股东增持"双箭齐发"，其"大手笔"回购的规模， 亦引发市场关注。 在资本市场上，真金白银的回购，被视为对自身价值的高度认可，而注销式回购则是含金量最高的利润 回馈方式之一。根据公告，中炬高新拟动用3亿至6亿元资金进行回购，回购价格上限设定为26元/股， 较当前市场价留出了充足的空间。同时，本次回购的股份将全部予以注销并减少注册资本。 从财务角度看，假设按上限回购并注销，中炬高新总股本将进一步缩减。这意味着在利润总量不变的情 况下，每一股所代表的每股收益（EPS）和股东权益将得到即时提升，从而优化ROE（净资产收益率） 等核心指标。 12月30日晚间，调味品行业领先企业中炬高新（600872.SH）发布回购公告，公司表示，为切实维护股 东利益，有效增强投资者信心，进一步稳定及提升公司价值，公司拟以3亿元至6亿元自有资金回购股份 并注销。就在前一天，公司公告称，公司大股东中山火炬集团有限公司（以下简称"火炬集团"）已提前 完成此前的增持计划，累计增持金额39,993.638 ...

据悉，i茅台自2022年5月19日正式上线。2022年销售收入为118.83亿元，占公司总收入的9.31%。2023 年销售收入达到223.74亿元，同比增长88.29%，占直营渠道收入的33.28%。2024年销售收入为200.24亿 元，同比下降10.51%，占总营收的11.7%。2025年前三季度收入126.92亿元。 让渠道更"活"，茅台要聚焦"哪里买"，推动构建线上线下融合、传统现代互补的渠道网络。用好 i 茅 台，管好现有的电商渠道，逐步引入一批有实力、诚信合规经营的新电商平台，也鼓励有条件的渠道商 到线上开设授权店，构建覆盖面更广、经营更合规、信息更透明的线上渠道网络。专卖店、自营店、文 化体验馆等终端要 积极转变工作思路，主动作为，让消费者知道哪里是官方、正品、真渠道，让销售 终端真正"活起来"。 茅台将立足消费需求变化，坚持以市场化思维引领茅台酒营销提质增效，充分借助不同渠道、不同业态 的触达潜力，持续提升消费者购买茅台酒的便捷度与体验感，通过构建多样化、全覆盖的销售模式，强 化茅台酒品牌渗透、风险防控、消费者触达等多维度优势，提升消费者购买的便利性与满意度。 （企业公众号、企业公告） 12 ...

12月30日，据杭州联合银行披露，该行发行的乐惠稳盈2025年第285期封闭净值型人民币理财认购期为 2025年12月30日至2026年1月6日。个人投资者认购起点金额1万元，机构投资者认购起点金额50万元。 产品发行规模不超过5亿元。产品投资性质为固定收益类，风险等级为PR2（中低风险），预计投资期 限422天，业绩比较基准为2.00%-3.50%。 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。 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。 ...

12月30日，据施罗德交银理财披露，该公司发行的得润安盈美元6个月封闭式2550理财产品募集期为 2025年12月30日-2026年1月5日。A类份额投资起点为1美元。A类份额募集规模上限为1亿美元（含）， 产品总规模募集下限为300万美元（含）。产品类型为固定收益类、非保本浮动收益型，风险评级为低 风险产品（R1），投资期限184天，A类份额业绩比较基准为3.11%-3.61%/年。 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。 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。 ...

12月30日，据交银理财披露，该公司发行的稳享灵动慧利2年封闭式96号理财产品募集期为2025年12月 30日-2026年1月6日。投资起点金额为1元，产品规模上限为10亿元（含），产品规模下限为100万元 （含）。产品类型为固定收益类、非保本浮动收益型，产品风险评级为较低风险产品（R2），投资期 限736天，业绩比较基准为2.05%-2.55%/年。 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。 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。 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。 12月30日，据中银理财披露，该公司发行的全球配置高评级美元封闭2592理财认购期为2025年12月30日 至2026年1月7日。认购起点金额1美元，募集规模2亿美元。产品类型为固定收益类非保本浮动收益型， 风险等级为一级（低风险），产品期限95天。A类业绩比较基准为3.35%-3.65%（年化）；B类业绩比较 基准为3.15%-3.45%（年化）；C类业绩比较基准为3.30%-3.60%（年化）。 ...

Core Insights - The company, Guotai, has a brand value of 236.126 billion yuan in 2025, positioning it as a leading player in the Chinese liquor industry, reflecting a clear strategic layout that emphasizes quality, innovation, and cultural resonance [1][9][10] Group 1: Quality and Production - Guotai's quality story begins with the raw materials and extends through a precise brewing process, creating a quality closed loop that connects production and consumer experience [2] - The intelligent brewing system, refined through six iterations, has transformed traditional brewing methods into a digital and standardized process, addressing quality inconsistencies [2][3] - The fourth National Blind Tasting Challenge in 2025 involved over 100 cities and thousands of consumers, allowing them to experience the nuances of different vintage liquors, reinforcing the brand's commitment to quality [2][3] Group 2: Product Innovation - Guotai has transitioned from a focus on single products to a diversified, scenario-based product matrix, catering to various consumer aesthetics and functional needs [4] - The launch of "Guotai Metaverse·Qiyuan Liquor" during the "Guofeng Festival" exemplifies the brand's appeal to younger consumers through innovative design and taste [4][6] - New products like "Guotai·Lan Oak Flavor Liquor" and "Guotai·Huangzun Qixian Liquor" showcase the brand's commitment to blending traditional flavors with contemporary elements, enhancing its market appeal [5][6] Group 3: Cultural Resonance - Guotai's cultural initiatives, such as the "Guotai Liquor | Village Super·World Football Stars in Guizhou" event, exemplify its strategy to integrate brand values into cultural experiences, fostering emotional connections with consumers [7][8] - The brand's involvement in various cultural events, including music festivals and art exhibitions, positions it as a lifestyle choice rather than just a beverage, enhancing its emotional value [8] - Guotai's approach to building a brand value ecosystem through diverse cultural scenes reflects its understanding of modern consumer preferences for lifestyle and emotional engagement [7][8]

Core Insights - In 2025, JD's discount shopping brand Jingxi achieved a tenfold increase in transaction volume, serving over 400 million users cumulatively [1][2] - Jingxi's self-operated model deepened connections with over 260 industrial belts, with nearly 100 enterprises achieving annual sales exceeding 1 million orders [1][3] - To combat price wars in the low-cost e-commerce sector, Jingxi introduced six new business initiatives aimed at creating sustainable growth paths for merchants [1][3] Group 1: Performance Metrics - Jingxi's self-operated segment reported a transaction volume growth of 10 times year-on-year, contributing 150 million new users to JD [2][3] - The number of merchants on Jingxi's platform exceeded 1.35 million, with order volume increasing by 50% and transaction volume by 40% year-on-year [1][2] - Five major provinces saw order volumes surpass 100 million, with Zhejiang's orders exceeding 300 million and some provinces experiencing up to 400% year-on-year growth [3][4] Group 2: Business Strategies - Jingxi's focus on direct factory sales and quality selection helped eliminate middlemen, reducing prices and addressing market issues like false advertising [2][3] - The introduction of the "export to domestic sales" initiative led to over 2,000 foreign trade factories successfully entering the domestic market, with order volumes tripling to 180 million [4][5] - Jingxi's support for industrial belt factories includes comprehensive assistance in product selection, operations, marketing, logistics, and after-sales service [2][5] Group 3: Product Categories and Growth - Jingxi's core product categories, including fresh produce, household cleaning products, and home appliances, saw significant year-on-year transaction volume increases, with furniture sales growing by 23 times [3][6] - The brand's commitment to long-term growth is evident in its support for quality manufacturers, helping them transition from "goods without brands" to recognized brands [5][6] - In 2026, Jingxi aims to add 150 million new users and expand its product offerings to 3 million items, enhancing consumer choices for high-quality, cost-effective products [6]