Core Viewpoint - The three major indices in the A-share market experienced fluctuations, with the Shanghai Composite Index closing at 4163.84 points, a slight decrease of 0.03% [1] Market Performance - The Shenzhen Component Index closed at 14321.80 points, down by 0.31% - The ChiNext Index ended at 3360.23 points, reflecting a decline of 0.83% [1] Sector Performance Top Performing Sectors - Medical Services: Increased by 6.17%, with a total trading volume of 1616.62 million hands and a net inflow of 402.10 billion - Precious Metals: Rose by 4.97%, with a trading volume of 667.32 million hands and a net inflow of 128.99 billion - Gaming: Gained 4.49%, with a trading volume of 2482.19 million hands and a net inflow of 421.82 billion [1] Underperforming Sectors - Military Equipment: Decreased by 5.18%, with a trading volume of 3291.08 million hands and a net outflow of 12.89 billion - Military Electronics: Fell by 4.37%, with a trading volume of 3016.40 million hands and a net outflow of 8.01 billion - Other Electronic Equipment: Declined by 2.39%, with a trading volume of 913.84 million hands and a net outflow of 20.67 billion [1]

Core Viewpoint - The article emphasizes the importance of fully tapping into China's economic potential as a fundamental guideline for current and future economic work, highlighting the need to recognize and effectively stimulate this potential to drive high-quality economic development [3]. Group 1: Importance of Economic Potential - The significance of economic potential lies in the fact that existing development advantages have not been fully utilized, indicating a broad space for future growth and progress [5]. - Stimulating potential is seen as a necessary choice to address challenges and achieve upgrades in the context of high-quality development [5]. - From the perspective of constructing a new development pattern, activating potential is crucial for leveraging domestic demand and achieving a high level of self-reliance and strength [5]. Group 2: Manifestations of Economic Potential - Economic potential is reflected in four major dividends that can be continuously released during development: - Institutional dividends, stemming from the advantages of the "socialist system with Chinese characteristics," particularly the strong organizational mobilization ability of the Communist Party of China [6]. - Market dividends, arising from the "super-large-scale market advantage," with China's market continuously expanding and diversifying [7]. - Industrial dividends, based on the "complete industrial system advantage," as China possesses the world's most comprehensive production and manufacturing system [7]. - Talent dividends, derived from the "abundant talent resource advantage," with a still ample labor supply and improving labor quality [7]. Group 3: Transforming Economic Potential into Development Momentum - The key to tapping economic potential lies in transforming the four major advantages into four dividends, which in turn create strong momentum for economic development [8]. - To enhance vitality, there is a need to accelerate the construction of a high-level socialist market economic system [8]. - Expanding space requires multi-faceted efforts to strengthen the domestic market [8]. - Strong momentum should be driven by technological innovation to promote industrial innovation [8]. - Efficiency can be improved by ensuring a positive cycle among education, technology, and talent [8]. - A strategic, systematic, and bottom-line thinking approach is essential to effectively utilize both short-term and long-term policies, as well as macro and micro policies [8].

中国经济网北京1月13日讯 海波重科(300517.SZ)12日披露关于公司控股股东、实际控制人减持计划预披 露公告，公司于近日收到控股股东、实际控制人张海波出具的告知函，张海波以大宗交易方式减持股份 不超过3,990,000股（即不超过公司总股本的1.99%，不超过公司扣除回购专用账户股份后总股本的 2.00%），且受让方6个月内不得转让其受让的股份；以集中竞价方式减持股份不超过1,990,000股（即 不超过公司总股本的0.99%，不超过公司扣除回购专用账户股份后总股本的1.00%）。 (责任编辑：孙辰炜) | 序号 | 股东名称 | 持股数量(股) | 占公司总股本 | 占公司扣除回购专用账 | | --- | --- | --- | --- | --- | | | | | 的比例 | 户股份后总股本的比例 | | 1 | 张海波 | 98.868.500 | 49. 33% 49. 47% | | 张海波最初持股1.02亿股，占总股本的50.81%。张海波从2025年8月5日起，第一次减持海波重科股份， 迄今为止，累计减持公司股票295.75万股，累计套现约3566.5万元。叠加本次减持，将累计减持1 ...

Group 1 - Dong Xiuhui has returned to FAW-Volkswagen as General Manager, while Wang Shengli will serve as Deputy General Manager of Business, marking a significant leadership change in the company [1][3] - During Dong Xiuhui's previous tenure from July 2015 to December 2020, he successfully led the Volkswagen brand to achieve a dual-line strategy of "sedans + SUVs," resulting in 18 consecutive months of being the best-selling passenger car brand [3] - Wang Shengli has over 20 years of experience within the FAW system, having held various key positions in production, regional marketing, and brand operations, showcasing his comprehensive management skills [5] Group 2 - FAW-Volkswagen recently celebrated a milestone of producing and selling over 30 million vehicles, becoming the first passenger car company in China to reach this achievement, with annual production and sales exceeding 1.58 million units [7] - Under the leadership of Chen Bin, who has served as General Manager for one year, the company has made significant progress, including negotiations with Volkswagen and Audi to plan nearly 30 new models for the next five years [7][9] - The return of Dong Xiuhui and Wang Shengli is seen as a strategic move to leverage their experience and leadership to further enhance the company's market position and operational efficiency [9]

Core Viewpoint - The Chinese government has established a systematic framework for the development and direction of government investment funds, marking the first time such guidelines have been issued at the national level [1]. Group 1: Policy Framework - The "Work Method" outlines three main aspects: where to invest, how to invest, and who manages the funds, proposing 14 policy measures [3]. - The framework emphasizes supporting major strategies and key areas, particularly in sectors where market resources are insufficient, promoting deep integration of technological and industrial innovation, and focusing on nurturing emerging pillar industries [3]. Group 2: Investment Guidance - Funds must align with national major plans and encourage industries listed in the national industrial directory, while avoiding investments in restricted, eliminated, or prohibited sectors [3]. - Provincial development and reform departments are tasked with creating lists of key investment areas to optimize fund allocation [3]. Group 3: Evaluation Metrics - The "Management Method" establishes three primary indicators: 1. Policy compliance (60% weight), assessing the fund's role in supporting new productive forces, technological innovation, and green development [4]. 2. Optimization of productive layout (30% weight), evaluating alignment with national regional strategies and effective capacity utilization [5]. 3. Policy execution capability (10% weight), focusing on fund efficiency and the professional level of fund managers [5]. Group 4: Focus Areas - The investment focus includes emerging industries such as next-generation information technology, new energy, high-end equipment, and green technology, as well as future industries like the metaverse, brain-computer interfaces, and generative artificial intelligence [5].

在全球汽车产业向电动化、智能化深度转型的浪潮中，中国品牌正从"技术追随者"加速成长为"标准制 定者"——这一观点，在今年的CES上被广泛认可，而极氪则被认为是其中的佼佼者。 当地时间1月6日，全球顶尖科技盛会"2026国际消费电子展（CES）"在美国拉斯维加斯如期而至，极氪 携9系豪华双旗舰——极氪9X与009光辉典藏版完成海外首秀，以全栈自研的硬核技术与颠覆性产品表 现，成为全场焦点。 作为连续4年登陆CES的中国豪华科技品牌，极氪此次携旗舰矩阵亮相，不仅展现了中国汽车工业的顶 尖水准，更以多方权威认可、硬核技术内核与全球化布局，书写中国豪华品牌在全球市场的突围篇章， 印证了中国新能源汽车已具备定义全球豪华科技标准的核心能力。 全域权威背书 中国豪华获全球共识 极氪的崛起之路，始终伴随着来自各界的高度认可，成为中国汽车产业升级的鲜明注脚。央媒"三大 家"之中，人民日报点赞极氪"引领中国豪华汽车品牌出海新气象"；央视新闻全方位展示9系双旗舰的创 新突破；新华社肯定其"以消费升级引领产业升级"的行业价值，三大权威媒体共同见证中国品牌的豪华 蜕变。 国际层面，美国财经杂志《福布斯》将极氪纳入"中国出海全球化品牌T ...

(责任编辑：关婧) 截至公告披露日，标的公司的估值尚未最终确定。目前标的公司审计评估、交易金额、发行股份及 支付现金比例等内容暂未确定，本次交易预计不构成重大资产重组。鉴于上述事项尚存在不确定性，为 了保证公平信息披露、维护投资者利益，避免对公司股价造成重大影响，根据上海证券交易所的相关规 定，经公司申请，公司股票自2026年1月13日（星期二）开市起开始停牌，预计停牌时间不超过10个交 易日。 明阳智能停牌前一交易日（1月12日）涨停，当日收盘报19.68元，涨幅10.01%。 中国经济网北京1月13日讯 明阳智能(601615.SH)昨日晚间披露关于筹划发行股份及支付现金购买资 产并募集配套资金暨关联交易事项的停牌公告。 公司于2026 年1月12日收到公司控股股东明阳新能源投资控股集团有限公司（简称"能投集团"）出 具的《关于筹划重大事项的通知》，拟由公司通过发行股份及支付现金的方式收购中山德华芯片技术有 限公司（简称"德华公司"）的控制权，并募集配套资金。本次交易尚处于筹划阶段。德华公司的控股股 东为广东明阳瑞德创业投资有限公司（简称"瑞德创业"），为公司董事张超全资持有，同时张超为公司 实际控制人的 ...

Core Viewpoint - The article discusses the recall of infant formula by Nestlé in 31 countries due to potential contamination with Bacillus cereus, prompting regulatory scrutiny on Jia Bi You Biotechnology (Wuhan) Co., Ltd. for its involvement in the supply chain [1][3][6]. Group 1: Regulatory Actions - The Shanghai Stock Exchange issued a regulatory letter to Jia Bi You, urging the company to respond promptly and fulfill its information disclosure obligations [1][2]. - The National Market Supervision Administration emphasized the importance of Nestlé (China) Ltd. adhering to corporate responsibility in recalling affected products [6]. Group 2: Product Recall Details - Nestlé announced a voluntary recall of specific batches of infant formula, including products like "力多精" and "惠氏膳儿加," due to quality issues with a supplier's raw materials [3][5]. - The recall affects 30 batches of products sold in mainland China and 41 batches sold through cross-border e-commerce channels [3][5]. Group 3: Supplier and Quality Control - The specific supplier of the problematic arachidonic acid (ARA) used in the affected products has not been disclosed, although major producers include Jia Bi You, DSM, and Runke [6][11]. - Both DSM and Runke have publicly stated that they are not responsible for the contaminated ARA, asserting their products meet strict quality control standards [8][10]. Group 4: Industry Standards and Safety - There is a debate regarding the absence of specific limits for Bacillus cereus in China's infant formula standards, with experts arguing that total bacterial counts are regulated instead [11][12]. - The management of Bacillus cereus is crucial, as it can produce toxins when proliferating, highlighting the need for stringent quality control measures throughout the supply chain [12].

中国人民银行授权中国外汇交易中心公布，2026年1月13日银行间外汇市场人民币汇率中间价为：1 美元对人民币7.0103元，1欧元对人民币8.1463元，100日元对人民币4.4222元，1港元对人民币0.89914 元，1英镑对人民币9.4038元，1澳大利亚元对人民币4.6827元，1新西兰元对人民币4.0260元，1新加坡 元对人民币5.4368元，1瑞士法郎对人民币8.7582元，1加拿大元对人民币5.0308元，人民币1元对1.1460 澳门元，人民币1元对0.58036马来西亚林吉特，人民币1元对11.2381俄罗斯卢布，人民币1元对2.3446南 非兰特，人民币1元对210.48韩元，人民币1元对0.52613阿联酋迪拉姆，人民币1元对0.53715沙特里亚 尔，人民币1元对47.4846匈牙利福林，人民币1元对0.51680波兰兹罗提，人民币1元对0.9174丹麦克朗， 人民币1元对1.3127瑞典克朗，人民币1元对1.4420挪威克朗，人民币1元对6.17796土耳其里拉，人民币1 元对2.5639墨西哥比索，人民币1元对4.4752泰铢。 (责任编辑：关婧) 中国经济网北京1月13日讯 来 ...

近日，北京康辰药业股份有限公司（证券简称：康辰药业，证券代码：603590.SH）发布业绩预 告，随着2024年商誉减值准备计提影响的消退，2025年归母净利润预计同比大增243%至315%。需要注 意的是，净利大增的核心逻辑是低基数修复。而在业绩预增的光环之下，公司不仅未能根治营收结构单 一的问题，还需面对股东减持余波与新品研发失败风险，长期发展不确定性仍高。 新品研发终止 为了解决单品依赖的问题，近年来，康辰药业不断加大创新药的研发。但由于战略或技术误判，导 致多起新品研发失败或终止。 单品依赖隐忧仍存 2026年1月8日，康辰药业发布业绩预告，预计2025年年度实现归母净利润为14500万元到17500万 元，同比增加10278.33万元到13278.33万元，同比增加243%到315%。公司预计2025年年度实现归母扣 非净利润为14000万元到17000万元，同比增加10892.32万元到13892.32万元，同比增加350%到447%。 对于业绩预增的原因，康辰药业称，2024年，公司根据企业会计准则对收购原泰凌医药国际有限公 司（现更名：方恒医药国际有限公司）股权所形成的商誉计提商誉减值准备导致 ...