（文/陈济深 编辑/张广凯） 2026年初，社交平台上出现了一批特殊的"晒单"：有人贴出自己的征信报告截图，逾期账户数从2变成 了0。 这源于央行在2025年底推出的一次性信用修复政策——2020年至2025年期间产生的、单笔不超过1万元 的个人逾期信息，只要在2026年3月31日前还清，征信系统将自动不予展示。免申即享，不收费用，不 需要第三方代理。 这不是一次简单的技术调整。它背后是一个正在发生转向的行业命题：征信到底是用来惩罚人的，还是 可以用来帮助人的？ 过去几十年，无论中美，征信体系的主要功能都是"标记失信者"——记录谁违约了、谁没还钱，然后让 他们在贷款、租房、求职中承受代价。 区别在于，美国围绕这条"斩杀线"建起了一整套合法的商业生态，把失信者的每一寸剩余价值都榨干； 中国的央行征信系统则更偏行政管理，民间市场几乎空白，使得行业内充斥着黑灰产暴利收割。 央行这次破例出手，其实释放了一个清晰的信号：不希望征信成为普通人的"斩杀线"。 而更值得关注的是，在这项应急政策之外，行业层面也开始出现一种新的思考——征信服务能不能 从"惩罚失信"转向"帮助重建"，从卖分数转向帮人连接工作、住房和信贷机会？ 这 ...

依托自研的VLM模型，MinerU对PDF及复杂网页的元素捕捉准确率可达99%。无论是精密复杂的数学 公式，还是嵌套繁琐的结构化表格MinerU均能实现精准还原与结构化提取。 据了解，MinerU的核心价值在于其跨行业的普适性与极高的解析精度。对于大模型研发而言，它是高 效的语料生产引擎，能够支撑千万级规模文档向AI-Ready数据的快速转化；对于政企办公及科研领域， 它则是精准的文档解析工具，极大提升了数字化办公的高质量发展。 近期，国内不少主流AI大模型相继推出更新版本，国产AI芯片企业也紧随其后适配新版本大模型。以 太初元碁为例，记者向相关负责人了解到，截至目前其已完成包括DeepSeek、千问、智谱、MinerU、 文心一言等在内的30多个AI大模型的国产算力适配工作，涵盖了Qwen3Dense/MoE系列模型、BAAI Embedding/Reranker系列模型、Qwen-VL、LLaVA等多模态理解系列模型；Stable-Diffusion、FLUX、 Wan系列等多模态生成类模型；GLM、Seed-OSS、文心一言等大语言模型；以及MinerU、DeepSeek- OCR2、Paddle-OC ...

【文/观察者网 张菁娟】据香港英文媒体《南华早报》12日报道，在美工作30年后，全球顶尖计算生物 学家鲍志戎选择回国，全职加盟深圳南方科技大学，担任讲席教授。 根据南方科技大学生命科学学院最新公布的教师简介，鲍志戎毕业于吉林大学（学士、硕士）及圣路易 华盛顿大学（博士），并先后在华盛顿大学（西雅图）从事博士后研究及纪念斯隆凯特林癌症中心任助 教授至正教授。 报道称，他是成像技术领域的开拓者，其团队研发的技术，可让科学家实时追踪器官形成与疾病发生过 程中单个细胞的活动轨迹。 在美期间，鲍志戎曾主持由美国国立卫生研究院（NIH）资助的数百万美元科研项目。在斯隆凯特林癌 症中心，他带领团队开发出先进成像技术，能以每分钟一次的频率，捕捉线虫胚胎发育全过程的高分辨 率三维图像，精准追踪每一个细胞的分裂、迁移及基因开闭状态。 秀丽隐杆线虫仅有约300个神经元，极大简化了神经系统研究，是生命发育研究的经典模式生物，但肌 肉形成后的胚胎活体观测一直是困扰全球科研界的难题。 这套高频成像技术所捕捉的"发育影像"，让鲍志戎团队得以重构器官从零开始的形成过程，为解析正常 发育机制、揭示癌症等疾病中发育过程的异常畸变，提供了详尽的分 ...

Core Viewpoint - Anta is officially entering the high-end shopping district of Beverly Hills, Los Angeles, marking a significant step in its strategy to enhance brand recognition in the U.S. market [1][3] Group 1: Store Opening and Strategy - Anta's first U.S. store, located in Beverly Hills, is positioned next to prominent brands and aims to establish itself as a "community cultural center" rather than just a retail outlet [3] - The store will host various activities, including running clubs and cultural events, to integrate into the local sports lifestyle [3][4] - The opening is part of Anta's broader strategy to shift consumer perception from a low-cost manufacturer to a premium sports lifestyle brand [4][8] Group 2: NBA Partnerships - Anta's entry into the U.S. market is supported by partnerships with NBA stars Klay Thompson and Kyrie Irving, who serve as brand ambassadors [4][6] - Thompson's successful collaboration has significantly contributed to Anta's brand image and sales growth, while Irving's recent signing is expected to enhance creative control over product design [6][8] - The influence of these athletes is seen as a key factor in penetrating the American sports culture and streetwear scene [8] Group 3: Market Challenges - Despite the potential of NBA partnerships, the effectiveness of celebrity endorsements is diminishing, as evidenced by Under Armour's struggles with Stephen Curry [9][11] - The global basketball market may have peaked, and consumer skepticism towards foreign brands paired with local athletes poses a challenge for Anta [11][12] - Anta must prove its genuine understanding of and integration into local sports culture to avoid being perceived as an outsider [11][12] Group 4: Globalization Strategy - Anta's globalization strategy is structured in three phases: establishing international brands in China, expanding global brand operations, and promoting the Anta brand worldwide [14][15] - The company has successfully launched stores in Southeast Asia, adapting products to local markets and cultures [17] - However, the brand faces internal challenges in China, where its identity and growth have become muddled due to a proliferation of store formats and marketing strategies [20][23] Group 5: Future Outlook - Anta's ambitious goal of becoming a global brand is under scrutiny, especially with its recent U.S. expansion [23] - The company must balance its domestic market focus with international ambitions, ensuring a clear brand narrative and sustainable local operations [23] - The Beverly Hills store will serve as a critical test for Anta's ability to establish a lasting presence in the U.S. market [23]

（文/观察者网 张家栋 编辑/高莘） 2月10日，当雷军在直播间平静地说出"第一代SU7量产已经结束。"标志着小米汽车这款充满着传奇色彩且带有争议的首发车型，正式完成其历史使命。 小米汽车直播间 作为小米跨界造车的真正起点，SU7自2024年春季上市以来就带着强烈破圈属性进入市场。不同于传统车企循序渐进推新，小米用互联网品牌的传播方式和 爆款逻辑切入整车赛道，长周期预热、参数密集披露、创始人深度参与讲解与背书，整体呈现方式更接近科技旗舰产品发布会。 这种传播方式也令小米迅速在社交平台获得巨量关注并转化为订单。公开数据显示，SU7开启预订后24小时内订单超过8.8万辆；在随后不到两年的产品周 期内，全生命周期累计交付接近37万辆，成为同价位新能源轿车中鲜有媲美特斯拉的单一车型。 但高热度也同步放大了风险暴露面，去年来SU7多起事故暴露的安全问题，以及营销层面的争议事件，使小米一度陷入舆论漩涡，甚至冲击到其既有的用户 基本盘。 更重要的是，伴随相关事件持续发酵，外界讨论已不只停留在单一产品本身，而是延伸到车辆安全冗余设计、智能化能力边界界定、用户引导方式等更底层 问题，并引发行业与监管层面对相关定义和规范进行反复 ...

Core Viewpoint - Han Gao Group is seeking to raise up to 1.2 billion yuan through a convertible bond issuance, primarily to fund its manufacturing base, R&D center upgrades, and marketing efforts, despite a backdrop of declining demand in the home furnishing industry [1][5]. Group 1: Fundraising Details - The company plans to allocate 1.05 billion yuan of the raised funds to the Han Gao Unicorn Hardware Manufacturing Base, which has a total investment of 1.085 billion yuan, indicating a strong dependency on the fundraising outcome for the project's progress [1][2]. - The remaining funds will be distributed as follows: 53 million yuan for R&D and quality center upgrades, and 92 million yuan for marketing and brand promotion [1]. Group 2: Previous Fund Utilization - In the previous fundraising round, 510 million yuan was raised, with 434 million yuan already utilized by the end of last year, leaving 76.53 million yuan remaining [1]. - The initial fundraising was primarily directed towards the smart home hardware automation manufacturing base, R&D center construction, and information technology improvements, with the manufacturing base showing a significant return on investment [2]. Group 3: R&D Center Concerns - There are concerns regarding the potential duplication of R&D centers in the same region, as the new fundraising plan includes another investment in R&D, which could total 836.7 million yuan if combined with previous investments [3][4]. - The R&D center's total investment has increased from 522.6 million yuan to 836.7 million yuan, raising questions about the necessity and efficiency of such expenditures [3]. Group 4: Marketing and Brand Promotion - The marketing and brand promotion project has a planned total investment of 1.23 billion yuan, with 920 million yuan allocated from the new fundraising, indicating a significant commitment to enhancing brand visibility [4]. - The overall marketing and brand promotion budget over the project's lifecycle is projected to approach 860 million yuan, reflecting the company's optimistic growth expectations despite market challenges [4]. Group 5: Industry Context - The home furnishing industry is experiencing a downturn, with major clients like Oppein Home reporting declines in revenue and profit, which raises concerns about the sustainability of Han Gao Group's growth strategy [5]. - Despite Han Gao Group's revenue growth of 24.26% year-on-year in the first nine months of last year, the broader market's cautious outlook on demand may lead to a mismatch between the company's expansion plans and actual market needs [5].

Core Viewpoint - The Beijing Municipal Market Supervision Administration has organized an administrative interview with 12 major platforms involved in online train ticket sales to address significant issues raised by the public regarding these services [1][2]. Group 1: Compliance Requirements - The administration has outlined four compliance requirements for the platforms: 1. Strictly implement principal and social responsibilities, promoting a correct business philosophy to facilitate travel for passengers [2]. 2. Conduct a comprehensive review of business models and service processes, prohibiting misleading promotions related to paid services for priority ticket purchasing, and rectify misleading advertisements such as "accelerated packages" and "dual channels" after tickets are sold out [2]. 3. Review and rectify platform pages to remove misleading promotional products, adjust promotional content, and prohibit the use of 12306 images, text, and trademarks that may mislead consumers into thinking there is a specific business cooperation with 12306 [2]. 4. Ensure clear pricing, prominently remind consumers of the content and prices of value-added services, and rectify issues where the displayed ticket prices do not match the actual payment due to unclear value-added service prompts [2]. Group 2: Regulatory Actions - The Beijing Municipal Market Supervision Administration will intensify regulatory enforcement, legally cracking down on fraudulent ticket purchasing, inducement transactions, and price fraud [2]. - The administration encourages the public to enhance supervision of third-party online train ticket sales platforms to promote the healthy development of the industry and maintain fair market competition [2].

Core Insights - Zhipu AI has launched and open-sourced GLM-5, with multiple domestic chip manufacturers completing Day-0 adaptation for the model, ensuring compatibility and stable operation from the first day of release [1][2] Group 1: GLM-5 Launch and Adaptation - Zhipu AI's GLM-5 has been adapted by major domestic chip platforms including Huawei Ascend, Moore Threads, Cambricon, Kunlun, Muxi, Suiruan, and Haiguang, achieving high throughput and low latency on domestic computing clusters [2] - Haiguang's DCU team collaborated closely with Zhipu AI to optimize the underlying operators and hardware acceleration, enabling GLM-5 to run stably on Haiguang DCU with high throughput and low latency [1] - Moore Threads completed full-process adaptation and verification on its flagship AI training and inference GPU MTT S5000, leveraging its MUSA architecture to enhance model inference performance while reducing memory usage [1] Group 2: Model Performance and Features - GLM-5 has expanded its parameter scale from 355 billion (activated 32 billion) to 744 billion (activated 40 billion) and increased pre-training data from 23 terabytes to 28.5 terabytes, significantly enhancing its general intelligence capabilities [2] - The model incorporates a new "Slime" asynchronous reinforcement learning framework, supporting larger model scales and more complex tasks, and utilizes DeepSeek Sparse Attention to maintain long text performance while reducing deployment costs and improving token efficiency [2] - A month prior, Zhipu AI released the GLM-Image model, which employs a hybrid architecture of autoregressive and diffusion decoders, marking a significant exploration in cognitive generative technology [2]

不仅如此，摩尔线程还首次公布了MTT S5000的算力参数。该卡基于第四代MUSA架构"平湖"打造。其 单卡AI算力最高可达1000 TFLOPS，配备80GB显存，显存带宽达到1.6TB/s，卡间互联带宽为 784GB/s，完整支持从FP8到FP64的全精度计算。 随后有消息传出，目前智谱GLM-5已完成与华为昇腾、摩尔线程、寒武纪、昆仑芯、沐曦、燧原、海 光等主流国产芯片平台的深度推理适配与算子级优化，能够在国产算力集群上实现高吞吐、低延迟的稳 定运行。 2月11日，智谱AI上线并开源GLM-5，随后多款国产芯片完成对GLM-5的Day0适配。 海光信息方面表示，在本次Day0适配合作中，海光DCU团队深度协同智谱AI，凭借DTK等自研软件栈 优势，重点优化底层算子与硬件加速，使GLM-5在海光DCU上实现高吞吐、低延迟的稳定运行，充分 发挥"国产算力+国产大模型"价值。 摩尔线程表示，基于SGLang推理框架，该公司在旗舰级AI训推一体全功能GPU MTT S5000上，Day-0 完成了全流程适配与验证。凭借MUSA架构算子覆盖与生态兼容能力，摩尔线程打通了模型推理全链 路，并深度释放MTT S500 ...

Core Viewpoint - The successful test of the "Chang Zheng 10A" rocket's maximum dynamic pressure escape system marks a significant advancement in China's space exploration capabilities, enhancing safety for future crewed lunar missions [1][8]. Group 1: Test Overview - The "Chang Zheng 10A" rocket was launched from the Wenchang Space Launch Site, and the test involved the escape system of the "Meng Zhou" spacecraft, which successfully triggered at 66 seconds into the flight [1][3]. - The escape system utilized four dual-thrust engines to detach the spacecraft from the rocket, followed by a series of parachutes for a safe landing in the sea [3][5]. Group 2: Technical Details - The maximum dynamic pressure occurs at approximately 10-12 kilometers altitude, where the rocket experiences the highest aerodynamic load [5][6]. - The test aimed to ensure the escape system's reliability under maximum dynamic pressure conditions, which is critical for crew safety during launch [7][8]. Group 3: Historical Context - Previous missions, such as NASA's Apollo program and SpaceX's Crew Dragon, have conducted similar maximum dynamic pressure escape tests, highlighting the importance of this procedure in ensuring astronaut safety [7][8]. - The "Chang Zheng 10A" rocket's design incorporates advanced features to manage dynamic pressure effectively, reflecting lessons learned from earlier space missions [8][9]. Group 4: Future Implications - The successful execution of this test lays a solid foundation for upcoming low-altitude flight tests and recovery missions, with the "Chang Zheng 10B" rocket's maiden flight anticipated in the near future [22][23]. - The ability to recover the first stage of the rocket is a key goal for future missions, potentially enhancing the cost-effectiveness of space exploration [22][23].