中国经济网北京1月12日讯 聚石化学（688669.SH）1月10日发布关于收到《行政处罚事先告知 书》的公告。公司于2026年1月9日收到中国证监会广东监管局下发的《行政处罚事先告知书》（广东 证监处罚字〔2026〕1号）。 经查明，聚石化学涉嫌信息披露违法违规的事实如下： 聚石化学及其子公司通过开展虚假贸易业务虚增收入、成本和利润，具体包括：一是聚石化学原子 公司广东冠臻科技有限公司（以下简称冠臻科技）实际控制佛山市亨诺德贸易有限公司、佛山市富倍奇 贸易有限公司、佛山市汉科达贸易有限公司、佛山市君利道贸易有限公司等4家公司，并与上述公司开 展无实际货物存在的虚假贸易业务。二是聚石化学介入到第三方公司已开展的聚丙烯等贸易链条中，对 应的采购和销售金额基本一致，货物仅以自行制作的货权转让单流转，相关交易不具有商业实质。三是 聚石化学子公司安徽聚润贸易有限公司向福建某石油化工有限公司、湖北某石化有限公司销售异辛烷货 物，但货物未实际出库，公司后期加价购回。 通过上述方式，聚石化学2023年半年度虚增营业收入合计156,807,377.35元、虚增营业成本合计 158,470,264.89元、虚减利润合计1,66 ...

Core Viewpoint - Huaxi Securities has been rated as a C-class institution for three consecutive years in the investment banking quality evaluation by the Securities Association, indicating ongoing issues with its operational standards [1]. Group 1: Regulatory Actions - The Zhejiang Securities Regulatory Bureau issued warning letters to Huaxi Securities' Yiwu Mall Avenue branch for allowing employees to solicit investors through unauthorized individuals [1]. - Wei Qian, the branch manager, was held responsible for the violations and received corrective administrative measures [2]. - The Chongqing Securities Regulatory Bureau also issued a warning to Huaxi Securities' Chongqing branch for similar misconduct involving employees soliciting clients through third parties [2]. Group 2: Compliance Issues - Tong Xuejun, the head of Huaxi Securities' Zhejiang branch, was penalized for inadequate compliance management of the branch's operations [2]. - Jiang Liang, a securities practitioner, faced corrective measures for privately accepting client orders and promising returns during his tenure [2][3]. - Despite the regulatory actions, Huaxi Securities confirmed that there is no employee named Jiang Liang currently working at the firm [3].

Core Viewpoint - JiuLian Technology (688609.SH) announced the termination of its major asset restructuring plan due to a lack of consensus on key transaction matters among the parties involved [1] Group 1: Termination of Asset Restructuring - On January 10, 2025, JiuLian Technology released an announcement regarding the termination of its major asset restructuring plan [1] - The company had signed a framework agreement on April 16, 2025, to acquire 51% of Chengdu NengTong Technology Co., Ltd. but failed to reach an agreement on core transaction matters [1] - The decision to terminate the restructuring was made after careful consideration and friendly negotiations among the parties involved [1] Group 2: Financial Performance - In 2024, JiuLian Technology achieved a revenue of 2.508 billion yuan, representing a year-on-year growth of 15.54% [4] - The net profit attributable to shareholders was -142 million yuan, an improvement from -199 million yuan in the previous year [4] - For the first three quarters of 2025, the net profit attributable to shareholders was -120 million yuan, with a non-recurring net profit of -118 million yuan [4] Group 3: Stock Issuance and Fundraising - JiuLian Technology's initial public offering raised a total of 399 million yuan, with a net amount of 345 million yuan allocated for various projects [2] - The company plans to issue new shares to specific investors, with a total fundraising amount not exceeding 181.77 million yuan [3] - The issuance will be directed towards projects including the development of HarmonyOS ecological smart terminals and communication modules, as well as replenishing working capital and repaying bank loans [3]

中国经济网北京1月12日讯 ST柯利达（603828.SH）今日涨停，截至发稿时报8.80元，涨幅 5.01%。 ST柯利达1月10日发布关于间接控股股东签署股权转让协议暨实际控制人拟发生变更的提示性公 告。苏州柯利达集团有限公司（以下简称"柯利达集团"）是苏州柯利达装饰股份有限公司（以下简称"公 司""柯利达"或"上市公司"）的直接控股股东，持有公司无限售流通股111,677,942股，占公司总股本的 18.74%。顾益明、顾龙棣、顾佳和鲁崇明持有柯利达集团100%股权，其中，顾益明、顾龙棣和顾佳为 公司的实际控制人。 本次权益变动涉及的受让方英众智能的资金来源为其自筹资金，包括其控股股东英众信息以自有资 金提供的资金支持（不少于本次交易价款的50%）和/或并购贷款。 天眼查工商信息显示，苏州柯利达装饰股份有限公司(曾用名：苏州柯利达建筑装饰工程有限公 司)，成立于2000年，位于江苏省苏州市，是一家以从事建筑装饰、装修和其他建筑业为主的企业。企 业注册资本59596.0158万人民币，实缴资本3378.5万人民币。 (责任编辑：徐自立) 2024年9月30日，上海英众智能科技有限公司（以下简称"英众智能" ...

中国制造业转型升级的前景广阔，关键在于保持战略定力。2026年是"十五五"开局之年，制造业处于由 大变强的关键时期，数字化转型将持续向纵深推进，人工智能、工业互联网等技术与制造业的融合将更 加广泛深入。长期来看，通过持续的技术创新与品牌建设，中国制造将摆脱低附加值的发展路径，实现 从"价格优势"向"价值优势"的转变。接下来，汇聚多方合力，坚定不移推进制造业转型升级，大国制造 将不断突破发展瓶颈，为中国式现代化提供坚实的物质技术基础。 (责任编辑：王擎宇) 推动制造业转型升级，有利于夯实扩大内需的根基。制造业转型升级与内需扩容之间存在着相互促进、 协同发展的关系。一方面，强大的国内市场为技术创新提供了"最佳试验场"和"最大孵化器"；另一方 面，制造业从"生产更多"转向"生产更对、更好"，能够提供更优质、更多样的产品和服务，持续激发消 费者潜在需求，从而实现制造优势与消费动能的双向奔赴。 当然，制造业的这场深刻转型绝非坦途，仍面临多重制约：一是"创新瓶颈"，一些关键核心技术仍然受 制于人；二是"转型鸿沟"，部分企业的数字化转型仅停留在技术单点应用层面，未能带动组织管理、商 业模式与价值创造模式的系统性变革；三是" ...

Core Insights - The Guizhou Natural Drinking Water Industry Association is leveraging the "Ten Thousand Enterprises Integration" initiative to drive digital transformation and industry competitiveness [1][2] - The province's natural drinking water industry is transitioning from single-point production automation to a comprehensive digitalization covering production, management, marketing, and services [2] Group 1: Industry Developments - Guizhou has over 6,000 natural spring water points, with more than half suitable for high-quality natural drinking water development [2] - The province's average annual surface water resources amount to 1,062 billion cubic meters, with over 80% of surface water and groundwater meeting quality standards [2] - The "Colorful Guizhou Water" brand has been established to unify product standards and market image, attracting major companies like Wahaha and Nongfu Spring [2] Group 2: Company Innovations - Guizhou Quangtianxin Industrial Group invested over 10 million yuan to create a fully enclosed, contactless automated production line, enhancing water recovery rates by 20% [1] - Guizhou Feilongyu Industrial Group invested over 12 million yuan in a big data platform, achieving 90% of orders delivered within one hour and enabling traceability of products [1]

Core Insights - The "Nansha Plan" has successfully achieved its first phase goals by 2025, positioning Nansha as a significant national strategic platform that integrates the Greater Bay Area, collaborates with Hong Kong and Macau, and engages with the global market [1] Tax Incentives and Economic Growth - Since the implementation of three regional tax incentives under the "Nansha Plan" in 2022, a total of 2.1 billion yuan has been saved in tax reductions for enterprises, and 150 million yuan in personal income tax has been waived for Hong Kong and Macau residents, resulting in an average tax burden reduction of over 50% [1] - Guangzhou Jiesen Entertainment Development Co., Ltd. reported a sixfold increase in sales revenue in 2024, attributed to the supportive policies of the "Nansha Plan" [2] - The Qingsheng Hub area, a pilot zone in Nansha, has seen a fivefold increase in the number of Hong Kong and Macau enterprises over three years, with over 210 registered and settled companies [2] Healthcare and Innovation - The "Nansha Opinions" have initiated institutional reforms in the fields of biomedicine and intelligent unmanned systems, allowing for clinical applications of restricted cell transplantation technologies [3] - Nansha has achieved significant breakthroughs in cell and gene therapy, including the first clinical application of Mediterranean anemia treatment and the first allogeneic stem cell treatment for liver failure [3] - By June 2025, 38 patients with Mediterranean anemia had successfully been discharged after treatment in Nansha, demonstrating accelerated clinical application [3] Financial Support and Cross-Border Financing - The "Nansha Financial 30 Measures" aim to enhance cross-border financing efficiency, addressing traditional challenges such as lengthy approval processes and strict capital controls [3] - The first foreign currency direct loan for a financial leasing company in Guangdong Province was successfully executed, along with an expanded foreign debt quota for a subsidiary of China Southern Airlines International Financing Leasing [3] Climate Financing and Sustainable Development - Nansha has been recognized for three consecutive years as the best in institutional innovation within Guangdong Free Trade Zone and has developed the first set of local standards for climate financing cooperation among Guangzhou, Hong Kong, and Macau [4] - Innovative financial products such as the first "climate financing guarantee" loan and the first "climate financing + rural revitalization" sustainable development-linked loan have been introduced [4] - Nansha aims to create a high-quality development loop through the integration of industrial incentives, institutional innovation, and financial support, establishing itself as an ideal location for investment and innovation [4]

鸡蛋作为日常饮食中不可或缺的优质蛋白来源，其品质直接影响消费者的营养摄入与健康安全。然 而，市场上鸡蛋品类繁多，从普通鸡蛋到"无菌蛋""可生食鸡蛋"，消费者往往难以抉择。结合权威专家 建议与市场调研，为您揭示选蛋的两大核心指标——新鲜度与安全性，助您轻松避开选购陷阱。 新鲜度：时间与感官的双重验证 新鲜度是衡量鸡蛋品质的基础。新鲜的鸡蛋不仅口感更佳，营养流失也更少。消费者可通过以下方 法快速判断： 观察蛋壳状态：新鲜鸡蛋的蛋壳表面通常覆盖一层薄薄的白霜，手感粗糙且无裂纹；若蛋壳发乌、 失去光泽或出现明显裂纹，则可能已不新鲜。 摇晃听声：将鸡蛋轻贴耳边摇晃，若感觉内部无晃动且无声响，说明蛋黄与蛋清紧实，较为新鲜； 若能听到水声或撞击声，则可能因存放过久导致蛋黄散黄或变质。 这类鸡蛋通过全链路品控，确保内外均不含沙门氏菌。 以知名品牌黄天鹅为例，其构建了从种源到餐桌的8大环节、24个关键控制点管理体系，涵盖种蛋 沙门氏菌净化、鸡舍环境智能控制、饲料深度检测及每日蛋品抽检，每年自检约70万枚鸡蛋，实现"零 沙门氏菌"检出。 目前，黄天鹅已连续四年位居高品质鸡蛋销量全国第一，成为安全鸡蛋的标杆。 理性消费：避开"概念 ...

Core Viewpoint - The A-share market experienced a collective rise in the three major indices, with significant gains in specific sectors such as cultural media, military electronics, and IT services, while sectors like oil and gas extraction, coal mining, and agricultural chemicals faced declines [1][2]. Sector Performance - The cultural media sector led the gains with an increase of 7.38%, achieving a total transaction volume of 55,109.3 million hands and a net inflow of 7.5041 billion [2]. - The military electronics sector rose by 7.00%, with a transaction volume of 29,591.8 million hands and a net inflow of 8.976 billion [2]. - The IT services sector saw a 6.78% increase, with a total transaction volume of 56,174.0 million hands and a net inflow of 10.3679 billion [2]. - Other notable sectors with positive performance included software development (6.12%), film and cinema (5.82%), and gaming (5.55%) [2]. Declining Sectors - The oil and gas extraction and services sector experienced a decline of 0.60%, with a transaction volume of 11,090.9 million hands and a net outflow of 0.626 billion [2]. - The coal mining and processing sector fell by 0.38%, with a transaction volume of 8,006.8 million hands and a net outflow of 1.129 billion [2]. - The agricultural chemicals sector decreased by 0.33%, with a transaction volume of 11,814.7 million hands and a net outflow of 1.559 billion [2].

Core Insights - In 2025, BMW Group maintained a strong performance in the Chinese market, selling 625,527 BMW and MINI vehicles, solidifying its position as the largest market globally for the company [3][4] - The BMW 3 Series and 5 Series continued to show robust sales, while the M family contributed significantly to new growth, indicating a resilient business model in a competitive environment [3][4][5] Sales Performance - BMW Group delivered a total of 2,463,715 vehicles globally in 2025, reflecting steady growth [4] - The BMW 3 Series family was the best-selling model in its segment for 15 consecutive months, with high-end models accounting for over 50% of its sales [5] - The BMW X5 has seen cumulative sales exceeding 300,000 units since its local production began in 2022 [5] M Brand Growth - The BMW M brand experienced a year-on-year sales increase of 27.9%, surpassing 10,000 units for the first time, leading the high-performance segment [7] - New models like the BMW M3 Touring and BMW M2CS quickly gained popularity in the performance market, with the M family expanding to 25 models in China [7] MINI Brand Performance - The MINI brand also showed significant growth, with sales increasing by over 25% in 2025 following a complete product line refresh [9] Product Strategy and Innovation - BMW plans to launch approximately 20 new models, including the highly anticipated long-wheelbase version of the new generation BMW iX3, in 2026 [3][13] - The company is committed to enhancing its R&D capabilities in China, establishing the largest R&D network outside Germany, and focusing on localized product offerings [10][12] Collaborations and Technology - BMW is deepening collaborations with local partners, including developing localized intelligent driving systems and redefining smart cockpit experiences with companies like Huawei and Alibaba [12] - The company has implemented a closed-loop battery recycling system in China, showcasing its commitment to sustainability [12]