截至本公告披露日，戴斯觉未直接持有公司股份，通过北京永裕投资管理有限公司持有公司29,508,653 股股票,占公司总股本的7.75%，戴斯觉为公司实际控制人之一。 11月17日，保龄宝发布公告称，公司董事会于2025年11月17日收到公司董事长戴斯觉的书面辞职报告。 戴斯觉因个人原因申请辞去公司董事长、董事、董事会战略委员会主任委员职务。戴斯觉辞职后 仍 担 任 公 司 全 资 孙公 司 BLB INTERNATIONAL DEVELOPMENT(SINGAPORE) PTE.ITD.、BLB BIO- TECH USA INC董事职务。 根据《公司章程》、《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范运作》的有 关规定，戴斯觉的辞职不会导致公司董事会成员低于法定最低人数，不会影响公司董事会的正常运行及 公司正常生产经营工作，戴斯觉的辞职报告自送达公司董事会时生效。鉴于新任董事长的选举工作尚需 经过相应的法定程序，公司将按照法定程序尽快完成公司董事长的补选等相关工作，并及时履行信息披 露义务。 （企业公告） (编辑：王璨 林辰)关键字： 饮料 ...

深耕"商务+科技双标杆重镇"北京朝阳，创业黑马又有大动作！ 近日，朝阳区数字人基金北京梅岭黑马数智人创业投资合伙企业（有限合伙）完成备案登记，正式设 立。该基金聚焦投资元宇宙及数字人领域的产品、底层算法和应用等早期项目，是朝阳区响应国家"人 工智能+"行动号召，构建"政策体系+特色园区+赛道基金+应用场景"全链条生态，打造全国人工智能创 新应用高地的关键项目。 据悉，数字人基金管理人为北京梅岭青远创业投资管理有限公司，在中关村朝阳园管委会（区科信局） 牵头推动下，该基金由朝阳区科创基金与梅花创投共同出资，由创业黑马旗下公司数智云科与梅花创投 共同担任联合GP。 值得关注的是，作为唯一的产业方股东，数智云科投资方创业黑马，在创新创业服务领域已深耕多年， 并在AI领域已开启全面布局。本次参与数字人基金的创建，从产业园区集群规划的战略角度深度参与 推动朝阳区数字人产业的培育与壮大，也意味着创业黑马由"创新服务供应商"的角色进一步延伸至区域 AI生态产业链的构建者，由此进一步夯实公司在人工智能领域的资本与产业布局。 锁定长投价值，夯实"AI+"战略优势布局未来产业 创业黑马此次参与朝阳区人工智能产业的投资布局，正是政 ...

Core Insights - The article highlights the transformation of Honor from a mid-range internet brand to a leading AI terminal brand over the past five years, coinciding with China's 14th Five-Year Plan [1] - Honor's "Alpha Strategy" aims to invest $10 billion over the next five years to transition from a smartphone manufacturer to an AI terminal ecosystem company [1] Product Evolution - The launch of the Honor Magic8 series marks a significant milestone in the Alpha Strategy, showcasing the successful implementation of edge AI technology in consumer markets [2] - The upcoming Robot Phone, set to debut next year, will integrate AI capabilities, embodied intelligence, and high-definition imaging, representing a fundamental shift in human-computer interaction [4] Industry Expansion - Honor is diversifying its industrial layout, with a focus on smart manufacturing, exemplified by its L4-level smart factory in Shenzhen, which automates over 85% of production processes [5] - The Alpha Global Flagship Store introduces a "front store, back research" model, facilitating collaboration with major partners like BYD and Alibaba [5] Technological Framework - Honor has established a three-layer AI architecture that supports multi-modal perception, personalized reasoning, and automated execution, laying the groundwork for industrial applications [6] - The company plans to achieve over 90% MCP protocol integration by 2025, enhancing cross-device collaboration [6] Ecosystem Development - Honor is transitioning from a smartphone manufacturer to a leading AI terminal ecosystem company, leveraging its "1×3×N" ecosystem strategy to create scale effects [7] - The "YOYO Wish Pool" initiative allows user needs to directly influence product development, ensuring innovation is rooted in real-world scenarios [7] Industry Impact - Honor's ecosystem is fostering a new "unicorn cluster" in Shenzhen, demonstrating the spillover value of its ecosystem and providing a viable path for the transformation of Chinese tech companies [8] Global Strategy - Honor's globalization strategy is evolving from "product export" to "ecosystem establishment," with overseas sales expected to surpass domestic sales this year [9] - The global brand marketing system plays a crucial role in integrating brand strategies into local markets across eight major regions [9] Unique Ecosystem Approach - Honor is exploring a third path distinct from Apple's closed ecosystem and Google's cloud dominance, focusing on edge AI, open platforms, and collaborative scene creation [10] Future Outlook - As Honor approaches its fifth anniversary, its success in launching new terminal forms like the Robot Phone and replicating its edge AI ecosystem globally will be critical for its evolution from participant to leader [11] - The competition in AI terminals is fundamentally about ecosystem competition, with Honor demonstrating the capability of Chinese tech companies to build globally competitive technology ecosystems [12]

Core Viewpoint - The Hang Seng Index closed down approximately 0.71%, while the Hang Seng Tech Index fell by about 0.96%, indicating a negative trend in the Hong Kong stock market [1] Group 1: Company Performance - Lenovo Group and Trip.com Group both experienced declines of over 3% [1] - Baidu Group and Li Auto saw declines exceeding 2% [1] - Bilibili and Tongcheng Travel dropped by more than 1% [1] - Semiconductor Manufacturing International Corporation (SMIC) and Tencent Holdings had slight decreases [1] - Hua Hong Semiconductor and Meituan experienced slight increases [1]

Group 1 - The core point of the article is that Huayin Wealth Management announced the early termination of its "Zhi Ying" Tian Jin Target Income 17 financial product due to the triggering of the profit-taking condition, with the new termination date set for November 18, 2025, instead of the original maturity date of April 9, 2026 [1] Group 2 - The product code for the financial product is PNHY250179 [1] - The announcement emphasizes that the performance benchmark is not the expected yield and does not guarantee future performance or actual returns [1] - Investors are advised to refer to the product prospectus and sales documents for specific information, as the provided details are for reference only [1]

合肥国资近期再次出手新型显示产业，拟控股OLED面板上市公司维信诺（002387）。 第8.6代AMOLED生产线被认为是行业未来竞争的关键，是各大面板厂针对中尺寸AMOLED蓝海市场的 前瞻布局。维信诺与合肥合作的8.6代AMOLED产线目前已经达到产线主厂房建设全面封顶，在业内的 进度仅次于三星和京东方。 合肥建曙控股维信诺后，合肥当地的显示产业布局有望从"多点布局"转为"整体协同"阶段，为产业集群 带来升级红利，夯实合肥作为"中国新型显示产业十大城市"首位的产业根基，更有效落实地方产业经济 发展要求，实现产业赋能与民生改善的双重收益。显而易见，维信诺相关AMOLED产线也将得到更优 异的资源协同发展。 一套被概括为"芯屏汽合"的产业组合拳，被普遍认为是合肥工业狂飙的核心密码。2008年投资京东方， 建设国内首条第六代液晶面板生产线；2016年引进长鑫存储，布局半导体产业；2020年"押注"蔚来汽 车，加码新能源汽车产业。如今，合肥在"屏"上再次出手，拟控股OLED上市公司维信诺，开启新型显 示产业的全链升级。 合肥当前已成为中国显示产业的核心城市，也是全球非常重要的显示产业基地之一，形成了较为完善的 新 ...

Core Viewpoint - The company is launching a fixed income enhanced closed-end wealth management product, indicating a focus on stable returns in a low-risk investment environment [1] Group 1: Product Details - The fundraising period for the product is from November 17, 2025, to November 20, 2025 [1] - The minimum subscription amount is set at 1 yuan, with a planned issuance scale of at least 50 million yuan [1] - The product is classified as a fixed income type with a risk rating of PR2 (medium-low risk) [1] Group 2: Performance Metrics - The product has a term of 543 days [1] - The performance benchmark is set between 2.50% and 4.00% annually [1]

中国企业纷纷将目光投向海外，寻求新的增长点。出海已成为当前最热门的方向。经过多年积累，中国 企业在家电、新能源汽车、手机等领域的产品力与供应链优势不断显现，凭借强大的制造能力与成本优 势，持续扩大在全球市场的份额。 然而，与前述领域相比，代表中国文化和高端消费的白酒行业在出海进程上明显滞后。公开数据显示， 2024年中国白酒出口额9.66亿美元，仅占全球烈酒出口的2.4%；2024年中国白酒出口量为1.64万千升， 仅占同年中国规模以上企业累计白酒产量的0.39%。在2023年公布海外销售业绩的白酒上市公司中，仅 贵州茅台、五粮液出口额超过10亿元，其中茅台海外营收约43.5亿元，其余上市公司海外营收皆不足3 亿元。同时，中国白酒出口消费群体仍以华人为主，国际市场认知度有限。在西方酒吧文化里，白酒还 是一种文化上的猎奇，而难以成为主流。如何让白酒等代表中国文化的消费品真正进入国际主流市场， 成为当前值得重视的现实课题。 对照之下，日本清酒的国际化历程提供了有价值的参照。日本清酒与烧酒制造商协会（JSS）公布的最 新清酒出口数据显示，2024年出口总值达到435亿日元（大约人民币20亿元），较上一年增长6%，共 ...

亚洲（除日本）的主要下行风险包括贸易紧张形势、全球需求疲软，以及美国对半导体征收更激进的关 税。上行风险则包括成功实现的供应链多元化以及人工智能投资产生更强的溢出效应。 从中期来看，我们对亚洲经济仍持乐观态度。尽管当前全球贸易和投资格局的调整给亚洲经济体带来挑 战，但该地区拥有坚实的经济基本面和新的增长动力，例如供应链转移、人工智能投资增加和基础设施 建设加快。我们预计印度、菲律宾和马来西亚将成为最近十年增长最快的经济体。 Sonal Varma，野村亚洲（除日本外）及印度首席经济学家 亚洲（除日本）的经济增长前景喜忧参半，该地区在科技版块持续表现优异的同时，正面临着充满挑战 的外部环境。我们预计，科技与非科技版块的显著分化将持续下去。科技版块仍保持韧性，这得益于人 工智能需求的持续旺盛以及存储芯片超级周期的支撑。然而，非科技版块仍然疲软，原因在于人工智能 相关的溢出效应有限，且美国对劳动密集型行业加征了更高关税。 通胀已接近谷底，但由于投入成本低迷、产出缺口为负以及从中国的大量进口，低通胀态势可能会持 续。低通胀意味着有政策宽松的空间，但各国央行正变得更加谨慎，要储备政策工具以备不时之需。我 们预计东南亚和 ...

Group 1: Real Estate Market Construction Situation - From January to October, the new construction area of real estate development enterprises in the city was 9.383 million square meters, a year-on-year decrease of 9% [2] - The residential new construction area was 5.925 million square meters, down 8.4%; office buildings increased by 34.7% to 267,000 square meters; commercial properties increased by 1.4% to 492,000 square meters [2] - The total completed area was 8.414 million square meters, a year-on-year decrease of 5.7%, with residential completions down 13.3% to 4.334 million square meters [2] Group 2: Real Estate Market Sales Situation - From January to October, the sales area of new commercial housing was 8.159 million square meters, a year-on-year decrease of 3.7% [3] - Residential sales area decreased by 7.3% to 5.543 million square meters; office sales decreased by 11.8% to 530,000 square meters; commercial property sales decreased by 11.6% to 427,000 square meters [3] Group 3: Real Estate Development Enterprises Funding Situation - From January to October, the total funding for real estate development enterprises was 359.2 billion yuan, a year-on-year increase of 8.3% [6] - The funding sources included advance payments of 135.62 billion yuan, up 3.8%; self-raised funds of 95.8 billion yuan, up 15%; and domestic loans of 56.66 billion yuan, up 14.3% [6]