智慧金融提升服务质效。"智慧融e贷"依托交行数字化转型成果，打造"智能核额、自主提款"的极简流 程和线上化操作模式，显著提升普惠金融服务效率。该产品于7月11日正式上线，已向77家小微企业提 供融资支持，累计授信总额达3.68亿元。 此外，为强化金融对外贸的支撑效能，充分发挥政策性出口信用保险融资增信作用，交行上海市分行联 合中国信保上海分公司和上海亿通国际股份有限公司三方共同构建"智慧融e贷+主动授信"服务矩阵，形 成"政银保"三位一体协同机制，通过专项融资额度、利率补贴等政策组合拳，精准纾解外贸企业"融资 难、融资贵"问题。 转自：新华财经 据了解，该产品聚焦"稳就业、稳企业、稳市场、稳预期"四稳攻坚任务，通过"数字+金融+担保"的协同 创新，构建起服务小微企业的全生命周期支持体系，其创新突破主要体现在以下三大维度。 数字赋能破解融资瓶颈。普惠金融领域现有线上信贷产品普遍依赖企业纳税数据核定授信额度，难以有 效覆盖"高营收、高流水、低纳税"的优质小微企业客群。"智慧融e贷"创新构建多维数据评估体系，依 托人民银行资金流信息平台实现两大突破：一是运用资金流数据动态解析企业经营数据，精准识别真实 经营性现金流 ...

转自：新华财经 新华财经上海7月14日电（记者 杨溢仁）近期，受利空因素轮动影响，债市有所调整。 分析人士指出，尽管现阶段超长债供给与股债资金分流对债市表现构成了一定压力，但配置力量的介入限制了利率上行的空间，当前债市韧性仍存，"慢 牛"有望延续。 调整压力阶段释放 近期，债市收益率呈现出震荡上探的走势。举例来看，7月7日至7月11日，10年期国债活跃券（250011）利率上行至1.67%（+2.5BP）；30年期国债活跃 券（2500002）利率跳升至1.88%（+2.5BP）；1年期国债活跃券（250008）利率上探至1.37%（+3.4BP），3年期国债活跃券（250010）利率上行至1.42% 附近（+3.9BP）。 那么，债市本轮缘何调整？震荡行情主要受到哪些偏空因素袭扰？ 首先，跨季"呵护"资金完成回笼后，近期资金利率出现反弹，R001、R007上行至1.40%、1.51%，较月初低点跳升了4BP、3BP。 其次，"对等关税"暂缓期的拉长——实施时间从7月9日推迟到8月1日，也对市场情绪构成了扰动。 再者，近期部分投资者开始交易个别地区监管指导当地农商行加强债券投资管理的猜想，内容大体为"要求债券 ...

Core Viewpoint - Tongwei Co., Ltd. is facing significant losses in the first half of 2025, with expected net losses ranging from 49 billion to 52 billion yuan, highlighting the severe supply-demand imbalance in the photovoltaic industry [1][5]. Financial Performance - The company reported a loss of 25.93 billion yuan in Q1 2025, with Q2 losses estimated between 23.46 billion and 26.07 billion yuan, indicating no signs of narrowing losses [1]. - The projected net profits for 2025-2027 are -31.18 billion yuan, 28.79 billion yuan, and 57.88 billion yuan, reflecting year-on-year growth rates of 55.7%, 192.3%, and 101.0% respectively [5]. Industry Context - Despite the losses, the photovoltaic industry is experiencing growth in new installations, but the supply-demand imbalance remains unresolved, leading to continued low prices across the industry [1][2]. - Recent policy measures, including production cuts and addressing low-price dumping, have raised market expectations for industry recovery, although analysts remain cautious about the timing of a turnaround [2]. Strategic Adjustments - Tongwei has successfully completed a strategic capital increase of 49.16 billion yuan, attracting 11 investment institutions, including several with state-owned backgrounds, which is expected to provide sufficient cash flow to navigate current industry challenges [3]. - The company is also increasing its investment in technology, showcasing advancements in TOPCon technology with solar modules achieving a bifacial rate of 94.3% and a power output of 722W [4]. Future Outlook - The company expresses confidence in the long-term growth potential of the photovoltaic industry, emphasizing the importance of addressing current supply-demand issues for sustainable development [5]. - The company plans to maintain its technological leadership while exploring new technologies to enhance product competitiveness and meet diverse market demands [4].

农村寄递物流体系加快完善。各地采取邮快合作、快快合作、交邮合作等多种模式进村，农村客货邮融 合发展逐步深化，多地开通农村客货邮融合发展线路，城乡双向流通渠道更为顺畅，农村用邮更加便 捷。 新华财经北京7月14日电（记者李唐宁 刘旭阳）在7月14日举行的国家邮政局2025年第三季度例行新闻 发布会上，国家邮政局发展研究中心产业经济研究部副主任朱丽在回答新华财经记者提问时表示，上半 年，行业大力推进农村寄递物流体系建设，深入实施"快递进村"工程，强化政策供给和制度刚性，将发 往部分区域的电商快件寄递服务治理纳入常态化监管，农产品寄递服务便捷性、高效性明显提升，为促 进农民增收、服务乡村振兴持续贡献行业力量。 朱丽表示，今年上半年，各地积极推进完善农村寄递物流基础设施，多地县级分拨中心升级自动分拣设 备，开展乡镇网点标准化改造、村邮站智能化升级及冷链设备购置，依托村级党群服务中心、便民服务 站等加大村级寄递物流综合服务站建设，新疆地区村级寄递物流综合服务站覆盖率近九成。多地完善产 地冷链快递物流设施，建设区域农产品物流配送基地或本地仓，服务现代农业等多元化服务体系逐步形 成，基础能力持续增强。 据介绍，通过采取集运 ...

Core Viewpoint - The article highlights the launch of a public building PPP project in Jieshou City, Anhui Province, which aims to enhance local cultural and recreational facilities, thereby improving the quality of life for residents [1][3]. Group 1: Project Overview - The total investment for the Jieshou public building PPP project is 2.616 billion yuan, encompassing three main components: a multifunctional exhibition hall, a sports center, and a vocational education park [3]. - The multifunctional exhibition hall covers over 153 acres with a total construction area of approximately 60,000 square meters, featuring six functional areas including a library, museum, cultural center, science museum, urban living room, and archives [3][5]. Group 2: Facilities and Features - The library offers a four-story intelligent space with areas for children, digital reading, and self-service borrowing, making knowledge easily accessible [5]. - The museum showcases Jieshou's history through three exhibition halls, highlighting its commercial prosperity and revolutionary history, while also providing a café for visitors [5]. - The science museum includes six themed exhibition halls and a 4D cinema, with a 90% interaction rate, allowing visitors to engage in hands-on experiences related to space exploration and artificial intelligence [5]. - The sports center fills a gap in Jieshou's large-scale sports facilities, providing venues for both competitive and community sports, including swimming pools and fitness centers [5]. Group 3: Technological Integration and Sustainability - The project incorporates digital technology throughout its construction process, utilizing nine smart management modules for comprehensive oversight of safety, quality, and environmental protection [9]. - Prefabricated components are used with a factory production rate of 60%, and BIM technology is fully integrated into the construction process, improving efficiency by 40% and ensuring quality control [9][10]. - The project emphasizes sustainability, featuring solar panels, a smart water recycling system, and real-time environmental monitoring, aligning with carbon reduction goals [10]. Group 4: Company Achievements and Future Goals - Anhui Electric Power Construction No. 2 Company has successfully managed complex project requirements, receiving multiple honors for its construction practices, including "Smart Site" and "Green Site" awards [12]. - The company aims to enhance public service quality and regional resilience through various projects in healthcare, education, and ecology, demonstrating its commitment to social responsibility [16]. - The company has achieved significant growth in contract value, revenue, and profit, with average annual growth rates of 34.09%, 18.76%, 20.93%, and 21.63% respectively, indicating strong performance in the industry [16].

为提升反诈宣传覆盖面，工作人员还走进周边社区以及企业，通过小课堂的形式向客户介绍了电信诈骗 常见的犯罪手法以及典型案例，向他们介绍相关反诈内容；同时上饶广信支行还积极参与由当地公安局 组织的打击治理电信网络诈骗宣传活动。 在区中心广场摆台路演，上饶广信支行向周边居民普及《中华人民共和国反电信网络诈骗法》知识，防 诈识诈技巧、支付安全常识等内容，引导人民群众特别是老年人等易受骗群体正确认识和防范电信网络 诈骗风险，提示广大居民要注意支付安全，做到"不听、不信、不转账"。同时组织反诈知识趣味问答活 动，吸引周边社区居民积极参加。 转自：新华财经 为进一步提升群众防范电信网络诈骗水平，今年7月，中信银行上饶广信支行开展"打击治理电信网络诈 骗"主题宣传活动。 在活动期间，中信银行上饶广信支行组建工作小组，开展员工《中华人民共和国反电信网络诈骗法》教 育活动，加强内部培训，提升全行员工风险防范意识和防范能力；同时通过微信公众号、朋友圈向社会 公众宣传普及打击治理电信网络诈骗的基本知识并为其答疑解惑。此外，上饶广信支行还在各网点屏幕 上滚动播放反诈宣传口号，张贴反诈海报，发放宣传手册，向群众介绍打击治理电信网络诈骗的基 ...

Core Viewpoint - The stock price of Upwind New Materials has experienced a significant increase due to the recent announcement of a control transfer, with a total price of 21 billion yuan for the acquisition of controlling shares [2][3]. Group 1: Stock Performance - Upwind New Materials' stock price reached 16.14 yuan per share, with a daily increase of 20%, marking a total increase of 107.46% over four consecutive trading days [1]. - The company is primarily engaged in high-performance composite materials, with applications in energy conservation and environmental protection, as well as new energy sectors [1]. Group 2: Control Transfer Details - The controlling shareholder SWANCOR IND. CO. LTD. signed a share transfer agreement with Shanghai Zhiyuan Hengyue Technology Partnership and its affiliates, with a transfer price of 7.78 yuan per share, totaling 9.41 billion yuan [2]. - Zhiyuan Hengyue and Zhiyuan New Venture plan to acquire at least 63.62% and up to 66.99% of Upwind New Materials, with a maximum acquisition price of 11.6 billion yuan [3]. Group 3: Market Implications - The transaction is expected to enhance the certainty of Zhiyuan Robot's entry into the capital market compared to a longer IPO process, and it is believed that Upwind New Materials has operational capabilities that can synergize with Zhiyuan [3]. - Upwind New Materials has clarified that the acquisition does not constitute a backdoor listing, and further details on business synergy will be disclosed later [3]. Group 4: Regulatory Considerations - The completion of the share transfer is subject to approval from the company's shareholders and compliance with relevant regulations, which introduces uncertainty regarding the finalization of the transaction [4].

Core Viewpoint - The A-share market has seen a significant increase in companies forecasting mid-term losses, with 139 companies predicting losses and 152 companies expecting a decline in net profits, indicating a growing trend of financial distress among listed firms [1][2]. Group 1: Company Performance - Among the 152 companies forecasting a decline in net profits, 10 companies expect a drop exceeding 1000%, with 9 of them shifting from profit to loss [2][4]. - China National Chemical Corporation (中化国际) anticipates a mid-term loss between 807 million to 949 million yuan, a staggering decline of 6649.8% to 7805.58% compared to the previous year [4][5]. - AOC Technology (冠捷科技), a leading global display manufacturer, projects a mid-term loss of 450 million to 490 million yuan, attributing the decline to intensified competition and rising costs [5]. Group 2: Notable Companies with Declining Profits - Hangzhou Steel (杭钢股份) forecasts a mid-term net loss of approximately 111 million yuan, representing a 204.63% decline year-on-year, despite a significant stock price increase earlier in the year [6][7]. - Yuanlong Yatu (元隆雅图) expects a mid-term net loss of 5 million to 10 million yuan, a decline of 119.39% to 138.78%, transitioning from profit to loss [8]. - Zhongke Jin Cai (中科金财) anticipates a mid-term net loss of 75 million to 105 million yuan, with a year-on-year decline of 51.43% to 112% [8]. Group 3: Market Reactions - Following the announcement of poor performance forecasts, Yuanlong Yatu experienced a significant drop in stock price, hitting the daily limit down [9].

Core Insights - Kohler's Artist Editions celebrates its 40th anniversary in 2025, showcasing a commitment to innovation and artistic expression in modern bathroom design since 1985 [1][6] - The series features over 117 designs and artistic patterns, created in collaboration with global artists, emphasizing emotional connections beyond mere functionality [1][5] Innovation and Aesthetics - The Artist Editions embraces diverse aesthetic inspirations, transforming bathroom products into vessels of life rituals, collaborating with artists like Janet Echelman and Daniel Arsham [2][5] - The introduction of the Rock.01 basin in 2021, made entirely through 3D printing, exemplifies the blend of traditional craftsmanship and digital technology [2][5] Craftsmanship and Materials - Kohler redefines luxury with natural materials such as Italian marble, art glass, and cast iron, crafted into organic shapes that enhance the bathroom experience [5][6] - The meticulous craftsmanship involved in creating ceramic sinks and glass pieces reflects a dedication to quality, ensuring that artistic designs meet practical standards [5][6] Cultural and Historical Connections - The Artist Editions links historical culture with contemporary art, creating timeless designs inspired by various cultural elements, such as the Serpentine series and motifs from ancient Chinese bronzes [5][6] - Kohler aims to continue pushing design boundaries while maintaining a spirit of innovation, transforming each piece into an aesthetic symbol that resonates emotionally with users [6]

Core Insights - Guangdong's marine aquaculture production is projected to reach 3.7683 million tons in 2024, marking a year-on-year growth of 5.47%, the highest growth rate in a decade [1][2] - The province has implemented the "Hundred Thousand Project" to accelerate the development of modern marine ranching, resulting in significant advancements and breakthroughs in the industry [1][2] Aquaculture Production - The marine fish farming output is expected to reach 975,400 tons, with a year-on-year increase of 7.93%, accounting for nearly half of the national production [2] - The total economic output of the fishery sector is estimated at 471.825 billion yuan, reinforcing the concept of "blue granary" [2] Innovation and Technology - Guangdong has established a modern marine ranch seed industry innovation center, gathering 63 top marine breeding teams to focus on 28 suitable species for technological advancements [3] - The province has developed 18 nationally approved new marine species, leading the country in this area, and has made breakthroughs in artificial breeding technologies for several fish species [3] Equipment and Infrastructure - Guangdong leads the nation in deep-sea aquaculture equipment manufacturing, with 6,371 gravity-type deep-water cages constructed, the highest in the country [4][6] - The province has introduced the first intelligent lifting-type cage and the largest of its kind, which have withstood severe weather conditions [4] Industry Chain Development - A complete industry chain has been established, with 139 projects initiated since 2023, covering seed cultivation, feed processing, equipment manufacturing, and public services [6] - Guangdong is focusing on three major characteristic industry clusters: golden pomfret, oyster, and sea bass, promoting the development of substantial industry chains [6] Pre-prepared Food Industry - Guangdong has introduced measures to accelerate the high-quality development of the pre-prepared food industry, aiming to establish itself as a national hub [7] - The province has developed several pre-prepared seafood products, creating a consumption trend and enhancing the reputation of Guangdong seafood [7]