Group 1 - The core point of the article is that Quanshin Co., Ltd. plans to issue convertible bonds to raise a total of no more than 312 million yuan, which will be used for various projects and to supplement working capital [1][3]. - The funds raised will be allocated to three main projects: 173.44 million yuan for commercial aviation transmission and interconnection communication integrated product production, 44.29 million yuan for embedded heterogeneous computing platform research and development, and 93.26 million yuan for working capital [3]. - The company has experienced a decline in performance for two consecutive years and three quarters, with projected revenues of 1.092 billion yuan in 2022, 1.037 billion yuan in 2023, and 910 million yuan in 2024, alongside net profits of 189 million yuan, 134 million yuan, and 18 million yuan respectively [4][5]. Group 2 - In the first three quarters of 2025, Quanshin Co., Ltd. reported revenues of 652 million yuan, a year-on-year decrease of 16.64%, and a net profit of 32 million yuan, down 46.24% compared to the previous year [6]. - The company's operating cash flow has shown significant fluctuations, with a net cash flow from operating activities of 236 million yuan, reflecting a 494.70% increase year-to-date [6].

Core Viewpoint - Kede Education (300192.SZ) announced a significant change in control as its controlling shareholder, Wu Xianliang, signed a share transfer agreement to transfer 77,584,267 shares, representing 23.5716% of the company's total shares, to Shenzhen Huaxin Future Investment Partnership and China Orient International Asset Management [1][2]. Group 1: Share Transfer Details - The share transfer price is set at 17.21 yuan per share, with a total transaction value of approximately 1.335 billion yuan [2]. - Huaxin Future will acquire 61,127,100 shares (18.5716% of total shares), while China Orient International Asset Management will acquire 16,457,167 shares (5.0000% of total shares) [1][2]. Group 2: Control Change and Commitments - Following the completion of the share transfer, Huaxin Future will become the controlling shareholder, and Zhou Qichao will be the new actual controller [2]. - Both Huaxin Future and China Orient International Asset Management have agreed to act in concert regarding company decisions after the share acquisition [2]. Group 3: Financial and Regulatory Aspects - The funding for the share acquisition will come entirely from the acquirers' own funds, with over 90% of the total transfer price already secured [3]. - The share transfer is subject to regulatory approvals, including compliance confirmation from the Shenzhen Stock Exchange and registration with the China Securities Depository and Clearing Corporation [3]. - The company asserts that the share transfer does not trigger a mandatory bid and will not adversely affect its ongoing operations or harm the interests of other shareholders [3].

Core Viewpoint - In 2025, out of 650 comparable QDII funds, only 31 funds experienced a decline in net value, indicating a generally positive performance in the market [1] Group 1: Fund Performance - A total of 10 QDII funds saw a decline of over 10%, with four funds from E Fund Management Co., Ltd. leading the losses [1] - The specific funds from E Fund that underperformed include: - E Fund Oil (QDII-LOF-FOF) C (RMB share) with a decline of 13.59% - E Fund Oil (QDII-LOF-FOF) A (RMB share) with a decline of 13.55% - E Fund Oil (QDII-LOF-FOF) C (USD share) with a decline of 11.71% - E Fund Oil (QDII-LOF-FOF) A (USD share) with a decline of 11.64% [1][2] Group 2: Fund Management - The aforementioned four underperforming QDII funds are currently managed by fund manager Yin Chuntao, who has been with E Fund since June 2024 [1] - Yin Chuntao also took on the role of fund manager for E Fund Gold Theme Securities Investment Fund (LOF) and E Fund Global Allocation Mixed Securities Investment Fund (QDII) starting November 13, 2024 [1]

( 2025年12月 工业生产者价格指数发布 工业生产者出厂价格 同比下降 环比上涨 0.2% 1.9% 同比降幅比上月均收窄0.3个百分点 工业生产者购进价格 同比下降 环比上涨 0.4% 2.1% 工业生产者价格同比变动情况 工业生产者出厂价格 工业生产者购进价格 工业生产者价格环比变动情况 工业生产者出厂价格 ▶ 生产资料价格上涨0.3% 影响工业生产者出厂价格总水平上涨约 0.24个百分点 ▶ 生活资料价格持平 工业生产者购进价格 ▶ 生产资料价格下降2.1% 影响工业生产者出厂价格总水平下降约 1.53个百分点 ▶ 生活资料价格下降1.3% 影响工业生产者出厂价格总水平下降约 0.35个百分点 ► 黑色金属材料类价格下降3.3% ▶ 燃料动力类价格下降5.7% > 化工原料类价格下降4.9% ▶ 农副产品类价格下降4.1% ▶ 建筑材料及非金属类价格下降6.4% ▶ 纺织原料类价格下降1.9% ▶ 有色金属材料及电线类价格上涨10.5% ▶ 农副产品类价格下降0.1% ▶ 建筑材料及非金属类价格上涨0.1% ▶ 纺织原料类价格下降0.1% ▶ 燃料动力类上涨1.5% ➤ 黑色金属材料类价格下降0.4 ...

按照恒宇信通1月8日的收盘价70.28元测算，淄博恒宇套现金额约合1.27亿元。 恒宇信通于2021年4月2日在深交所创业板上市，公开发行股份数量1,500.00万股，占发行后总股本的比 例为25.00%，发行价格为61.72元/股，保荐机构为中航证券有限公司，保荐代表人为石运雷、司维。 中国经济网北京1月9日讯恒宇信通（300965）(300965.SZ)昨日发布关于控股股东、实际控制人的一致 行动人减持股份预披露公告。 持有公司股份4,180,500股(占本公司总股本比例6.97%)的控股股东、实际控制人的一致行动人淄博恒宇 同德信息咨询合伙企业(有限合伙)(简称"淄博恒宇")计划自公告披露之日起15个交易日后的3个月内，以 集中竞价交易方式减持本公司股份不超过公司总股本的1%；以大宗交易方式减持本公司股份不超过公 司总股本的2%。 本次减持股东为淄博恒宇，系公司控股股东、实际控制人之一饶丹妮担任执行事务合伙人的员工持股平 台，与实际控制人饶丹妮、王舒公构成一致行动关系。截至公告披露日，淄博恒宇持有公司股份 4,180,500股，占公司总股本的比例为6.97%。 恒宇信通募集资金总额为92,580.00万 ...

中国经济网北京1月9日讯合肥高科(920718.BJ)昨日发布股东拟减持股份的预披露公告。 公司董事王跃峰、员工持股平台合肥智然股权投资合伙企业(有限合伙)(简称"合肥智然投资")、员工持 股平台合肥群投股权投资合伙企业(有限合伙)(简称"合肥群创投资")，计划在减持计划首次披露之日起 15个交易日之后的3个月内，通过集中竞价或大宗交易方式减持股份，合计减持数量不超过144.32万 股，占公司总股本的1.5882%。 公司实际控制人胡翔系合肥智然投资、合肥群创投资的执行事务合伙人，因此合肥智然投资、合肥群创 投资为公司实际控制人的一致行动人。 根据合肥高科披露的2024年年度报告，胡翔直接持有合肥高科40,370,207股份，占合肥高科股本 44.53%，分别通过合肥智然投资、合肥群创投资间接控制合肥高科1.40%的股份和1.22%的股份，合计 控制合肥高科47.15%的股份。 经查，安徽证监局发现合肥高科科技股份有限公司(以下简称"合肥高科"，920718.BJ)存在以下问题：一 是公司开立募集资金专户未经董事会审议与批准，公司在临时报告中披露的内容与以上事实不符，信息 披露不准确；二是公司《募集资金管理制 ...

（责任编辑：张晓波 ） 中国经济网莆田1月9日综合报道 1月9日，福建省莆田市八届人大常委会第三十次会议召开。会议 表决通过有关人事任免事项。决定任命：张伯松为莆田市人民政府副市长。 张伯松，男，汉族，1971年1月生，中央党校大学，中共党员，此前任莆田市秀屿区委书记。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Core Viewpoint - The introduction of the "Regulations on the Supervision and Management of Online Trading Platforms" is significant for regulating cutthroat competition, establishing a mutually beneficial governance mechanism for online trading platforms, protecting the legitimate rights and interests of all parties in the platform ecosystem, and promoting the healthy and sustainable development of the platform economy [1] Group 1: Regulatory Framework - The platform rules encompass service agreements and various transaction and governance rules established by online trading platform operators, possessing dual legal attributes [2] - The necessity for administrative supervision of platform rules is emphasized to ensure fairness and public interest, as existing laws do not sufficiently clarify certain issues [2] Group 2: Participation Rights - The regulations detail the procedural requirements for formulating and modifying platform rules, ensuring the participation and right to know for all parties, especially platform operators [3] - A seven-day public notice period is mandated before implementing general rules, and platforms must not coerce or induce operators or consumers to agree to new rules [3] Group 3: Execution and Appeal Mechanisms - New systems are established to safeguard the rights of platform operators and consumers to appeal and seek redress, addressing gaps in existing legal frameworks [4] - Platforms are required to inform operators and consumers of the facts and legal basis for any actions taken against them, ensuring timely and fair responses to appeals [4] Group 4: Focus on Operator Autonomy - The regulations address issues of excessive competition and the imposition of unreasonable conditions on operators, such as mandatory refund policies and unreasonable fees [5][6] - The regulations aim to prevent platforms from imposing unfair restrictions or additional unreasonable conditions on operators, thereby establishing a long-term mechanism to regulate cutthroat competition [6] Group 5: Collaborative Governance - The regulations encourage the establishment of a combined internal and external supervision mechanism for platform rules, promoting collaborative governance [7] - Platforms are urged to conduct self-assessments of compliance and seek external evaluations to enhance governance capabilities and optimize rules [7]

Core Viewpoint - The rapid development of platform economy in China has led to significant roles played by large online trading platforms in the social economy, necessitating the establishment of effective rules and regulations to ensure order and protect the rights of all parties involved [1] Group 1: Issues in Platform Rule Management - There are notable issues in the practices of platform operators regarding the formulation, modification, and execution of platform rules, including arbitrary rule-making, abuse of rule-making authority, lack of transparency in rule enforcement, and inadequate appeal mechanisms for penalized merchants [1] - The implementation of the E-commerce Law since January 1, 2019, has mandated platform operators to create reasonable platform rules and maintain order within the platform [1] Group 2: New Regulatory Framework - The State Administration for Market Regulation and the National Internet Information Office have jointly developed the "Regulations on the Supervision and Management of Network Trading Platform Rules" to address the issues identified in platform rule management [2] - The new regulations aim to balance self-governance by platforms with external supervision, emphasizing the importance of external oversight to ensure the long-term development of the platform economy [2] Group 3: Design of Supervision Framework - The regulations combine procedural and substantive controls to ensure effective supervision and management of platform rules, focusing on transparency and the rights of stakeholders [3] - The framework encourages participation from various stakeholders, including platform operators and third-party organizations, in the governance and supervision of platform rules [3] Group 4: Highlights of the New Regulations - The regulations enhance the requirement for public disclosure of platform rules and increase transparency, including the establishment of user-friendly search functions for easy access to rule content [4] - A new requirement mandates platforms to publicly solicit opinions on rule modifications and maintain records of feedback, ensuring that reasonable suggestions are considered and documented [4] - Strict regulations are imposed on platforms that use technical means to coerce or mislead users into agreeing to rules without proper understanding, addressing the issue of "dark patterns" [5] Group 5: Execution of Platform Rules - The regulations strengthen procedural safeguards for both platform operators and consumers, requiring platforms to provide clear factual and legal bases when taking punitive actions against merchants [6] - The rules also stipulate fair allocation of the burden of proof in disputes between merchants and consumers, aiming to prevent abuse of power and ensure integrity in the enforcement process [6]

| 序号 | 当事人名称 | 行政处罚决定书文号 | 主要违法违规行为 | 行政处罚内容 | 作出决定机关 | | --- | --- | --- | --- | --- | --- | | 1 2 | 中华联合财产保险 股份有限公司盘销 中心支公司 杨灵侠 | 盘金罚决字(2026) 1号 盘金罚决字(2026) 2号 | | 责令改正,罚款人 民币15万元 | 在令她呈虚必影排 | | | | | 虚构保险中介业务套 | 警告,罚款人民币 | | | | | | 取寄用 | 5万元 | | | 3 | 李云峰 | 盘金罚决字(2026) 3号 | | 警告,罚款人民币 5万元 | | (责任编辑：徐自立) 以下为原文： 中国经济网北京1月9日讯 国家金融监督管理总局网站1月8日发布盘锦金融监管分局行政处罚信息公示列表。中华联 合财产保险股份有限公司盘锦中心支公司、杨灵侠、李云峰存在以下违法违规行为：虚构保险中介业务套取费用。 盘锦金融监管分局决定对中华联合财产保险股份有限公司盘锦中心支公司责令改正，罚款人民币15万元；对杨灵侠 处以警告，罚款人民币5万元；对李云峰处以警告，罚款人民币5万元。 ...