Group 1 - A total of 46 new fund managers have started their roles since the beginning of the year, primarily managing equity funds [1][2] - The new fund managers come from 35 different fund companies, including both large and small public funds, with a majority focusing on equity funds [2][3] - The educational background of the new fund managers is diverse, with all holding at least a master's degree, and many having experience as researchers or assistants before becoming fund managers [4][5] Group 2 - The trend of "sell-side to buy-side" career progression remains prevalent, with many new managers having transitioned from research roles [4][6] - New fund managers are generally younger, with many being born in the 1980s and 1990s, and they exhibit strong educational qualifications [4][7] - The average tenure from researcher to fund manager is around 6 to 8 years, with some achieving this in as little as 3 years [5][6] Group 3 - New fund managers often face challenges such as low initial attention and small management scales, requiring them to develop their investment frameworks [7][8] - Collaboration with experienced fund managers is common, allowing new managers to learn and grow in their roles [7][8] - Emphasis is placed on long-term performance and risk control, with a shift towards evaluating managers based on their ability to generate sustainable returns [8][9]

发展机器人产业的目的是"服务于人"。相比单纯的"炫技"，公众更期待机器人能亮出真正的"硬核功 夫"，切实解决生产制造、生活服务中的实际问题。如何实现？这既有赖于技术突破与产业链支持，也 需政策与标准协同推进，更呼唤社会各界给予更多耐心与理性期待。这条路不容易走，却足够务实，需 要各方携手并进。 业界普遍预测，2026年至2028年具身智能有望实现快速落地。目前，国内已构建完整的人形机器人产业 链，工业巡检与物流、商业服务与导览、家庭陪伴与护理三大场景。相信随着技术日益成熟、场景持续 丰富，人形机器人终将走进千家万户、服务千行百业，成为我们生活中的重要一员。或许有一天，我们 可以在家里和人形机器人一起看春晚、迎新年。（中国经济网评论员 梁瑜） 经济日报-中国经济网评论理论频道开放投稿，原创评论、理论文章可发至cepl#ce.cn（#改为@）。详见 经济日报-中国经济网评论理论频道征稿启事。 （责任编辑：年巍) 从"能跳舞"到"会干活"，产业超预期迭代演进，靠的是硬实力。攻克大模型、一体化关节、算力芯片等 核心技术，"青龙""天工"等开源公版机与"开物"操作系统相继问世，为产业发展筑牢技术根基。政策赋 能则为产业 ...

Core Insights - The report indicates that China's cultural and tourism industries will experience steady progress and high-quality development by 2025, driven by new productive forces and consumption upgrades [1] - The report highlights ten trends in the industry, including the integration of social aesthetics and experiential economy, modernization of cultural narratives, and the digital transformation of industry logic [1] Industry Overview - The report is the first comprehensive annual academic achievement reviewing both cultural and tourism sectors, providing insights into policy trends, industry hot topics, and significant events [1] - It emphasizes the importance of cultural tourism consumption as a key driver for domestic demand recovery and a critical link for internal and external circulation [1] Expert Opinions - Experts noted that the report captures new trends and characteristics in consumption changes and industry innovations, providing essential support for government decision-making and business operations [2] - The report is seen as a guide for strategic planning, policy development, and environmental optimization in the cultural tourism sector [2] Development Trends - Key characteristics of the current cultural and tourism sectors include policy empowerment, technological support, scene implementation, consumer engagement, and quality improvement [3] - The integration of technology and culture, as well as the exploration of full-scenario value, are essential for development during the 14th Five-Year Plan period [3] Future Directions - The industry is expected to focus on the emotional value of experiences, with innovation driving the enhancement of spiritual value and consumer purchasing power [3] - The competition in cultural and tourism consumption will revolve around attention economy, with strategies to capture consumer time being a significant challenge [5] Long-term Perspective - The industry must adopt a long-term view on investment and operations, recognizing the evolving logic of development while maintaining the characteristics of long-termism [6] - The role of individuals in the cultural and tourism sectors will become increasingly important, emphasizing the need for products and experiences that meet consumer demands [6]

Group 1 - The core point of the article highlights the strong demand for train tickets during the Spring Festival travel period, with a total of 64.61 million tickets sold as of February 1 [1] - The popular departure cities include Guangzhou, Beijing, Shanghai, Shenzhen, Chengdu, Hangzhou, Chongqing, Wuhan, Nanjing, and Xi'an, while the popular arrival cities are Beijing, Guangzhou, Chengdu, Shanghai, Hangzhou, Chongqing, Shenzhen, Wuhan, Zhengzhou, and Xi'an [1] - The ticket sales for February 15, which is the peak travel day, have begun, indicating a robust travel demand ahead of the festival [1] Group 2 - The railway department is implementing a flexible pricing strategy during the Spring Festival, offering discounts on tickets for less popular routes, with discounts reaching up to 80% for certain trains [4] - Specific examples of discounted tickets include a 20% fare for the Z4189 train from Zhengzhou to Guangzhou and a 20% fare for the K4906 train from Kunming to Hangzhou [4] - The railway department is utilizing big data from the 12306 platform to analyze passenger demand in real-time and adjust ticket availability accordingly, ensuring that both long-distance and short-distance travelers are accommodated [4]

登录新浪财经APP 搜索【信披】查看更多考评等级 近日，一些自媒体声称，国投白银LOF（161226）下周一（2月2日）复牌不设涨跌停，对此国投白银 LOF进行了辟谣。2月1日晚，国投瑞银基金微信发布情况说明称："本基金将于2026年2月2日开市起至 当日10:30停牌，自2026年2月2日10:30复牌。复牌后的交易按照《深圳证券交易所交易规则》的相关规 定执行，价格涨跌幅限制比例为10%。请各位投资者不轻信市场传言，理性决策。" 受国际银价此前暴涨影响，国投白银LOF备受市场关注。停牌之前，该基金在二级市场已连续两个交易 日涨停，最新价格报收于5.247元/份，相较于其最新净值溢价约为60%。 同日，国投白银LOF发布公告称，若该基金2026年2月2日二级市场交易价格溢价幅度未有效回落，该基 金有权通过向深圳证券交易所申请盘中临时停牌、延长停牌时间等措施，向市场警示风险，具体以届时 公告为准。 3、截至目前，本基金无其他应披露而未披露的重大信息。本基金管理人仍将严格按照有关规定和要 求，及时做好信息披露工作。 4、本基金二级市场的交易价格，除了有基金份额净值波动的风险外，还会受到市场供求关系、系统性 风险 ...

Core Viewpoint - The Shanghai Stock Exchange's Listing Review Committee approved the refinancing of SIDA Semiconductor Co., Ltd. (603290.SH), confirming that it meets the issuance, listing, and information disclosure requirements [1] Group 1: Issuance Details - SIDA Semiconductor plans to issue convertible bonds to unspecified investors, with a face value of RMB 100.00 per bond, and a total fundraising amount not exceeding RMB 150 million [2][3] - The bonds will have a term of six years from the date of issuance, with the interest rate to be determined based on market conditions and company specifics [2][3] - The initial conversion price for the bonds will be set at or above the average trading price of the company's stock over the previous twenty trading days prior to the announcement [3] Group 2: Fund Allocation - The total investment for the projects funded by the issuance is RMB 203.43 million, with the following allocations: - RMB 60 million for the automotive-grade SiC MOSFET module manufacturing project - RMB 27 million for the IPM module manufacturing project - RMB 20 million for the industrialization of automotive-grade GaN modules - RMB 43 million for working capital [4] Group 3: Credit Rating - The bonds have been rated "AA+sti" by Dagong Global Credit Rating Co., Ltd., with a stable outlook for the company's credit rating [4]

Core Viewpoint - The China Iron and Steel Association (CISA) held its 13th member conference, summarizing the steel industry's performance in 2025 and outlining the development direction for the 15th Five-Year Plan, emphasizing the need for strategic clarity and confidence in development amidst a challenging market environment [1] Group 1: Industry Performance and Characteristics - In 2025, the steel industry is expected to maintain stable operations, with economic benefits increasing and resilience strengthening, characterized by a continued supply-demand imbalance, high steel exports, declining imports, lower steel prices with minor fluctuations, increased total profits, and improved environmental indicators [1] - The 15th Five-Year Plan period is crucial for achieving socialist modernization and high-quality development in the steel industry, with global economic resilience and cautious external demand, while domestic economic stability presents new opportunities amidst differentiated downstream demand [2] Group 2: Challenges and Recommendations - The steel industry faces significant challenges, including a persistent supply-demand imbalance, low industry concentration, declining profitability, branding shortcomings, and high trade barriers affecting exports [2] - Recommendations for the steel industry include deepening supply-demand collaboration, fostering innovation, enhancing standards, promoting green and intelligent transformation, strengthening safety measures, improving supply chain efficiency, and solidifying policy support for high-quality development [2] Group 3: Trade and Export Analysis - Despite achieving record-high steel exports in 2025, the industry must recognize the challenges of increasing export volume while facing declining prices, making exports a critical channel for absorbing production under the supply-demand imbalance [3] - The Ministry of Commerce emphasizes the importance of compliant, high-quality, and mutually beneficial development in the steel trade, pledging to support steel enterprises in navigating trade risks and promoting healthy industry growth through precise policies [3] Group 4: Organizational Developments - The conference also included the election of new vice presidents and the approval of new vice president units, alongside discussions on membership expansion, the establishment of a price supervision system, and initiatives aimed at quality improvement in the steel industry [4]

1月30日，合武高铁安徽段大别山隧道进口单口掘进突破2000米大关，工程建设取得重大进展。 大别山隧道是合武高铁全线最长隧道和控制性工程，隧道全长14698米，中铁三局合武高铁安徽段项目 负责大别山隧道进口及斜井工区正洞6649米施工任务。该隧道主要以II、III级围岩为主，隧道最大埋深 达801.2米，隧道地质围岩复杂，先后穿越多条断层破碎带，围岩稳定性差，易发生掉块、崩塌等风 险，施工难度大，安全风险高。 隧道自开工建设以来，项目推行"七化"管理举措。施工中，实施隧道全工序机械化作业，引进超前地质 钻机、大型凿岩台车、装药台车、钻锚注一体机、混凝土湿喷机械手等成套隧道施工工装设备，实现从 隧道开挖、支护、衬砌到后续附属工程等全流程的机械化操作，并大力开展"五小"创新活动，自制水沟 电缆槽浇筑分流器和高压风水枪等小工装，提高了施工效率。 合武高铁是沪渝蓉高速铁路通道的重要组成部分，东接合宁、合新高铁，西连武宜、汉十、京广高铁。 建成通车后，将形成东西两端"扇形放射"的高铁路网格局，对促进中部地区崛起、加快大别山革命老区 振兴发展发挥重要作用。 ...

多家企业表示，已全面完成产线升级，正加速扩大合规产品产能，主动引导消费者从追求极致性能转向 重视"安全与体验"，切实履行企业主体责任。 中国自行车协会指出，协会正全力推动行业从"产能切换"迈向"品质跃升"。截至目前，协会31家重点会 员企业已获得748张电动自行车新国标CCC证书，新车型投放超165万辆，行业供给能力持续增强。 1月29日，由中国自行车协会主办的"2026新国标电动自行车宣传推广活动"在北京举行，活动以"新国标 新车型新消费"为主题，通过政策宣贯、产品展示、行业倡议与深度研讨，系统推动新版《电动自行车 安全技术规范》(GB17761—2024)落地见效。 活动现场，雅迪、爱玛、台铃、九号、小牛等17家行业领军企业携33款已获CCC认证的新国标电动自行 车集中亮相。据了解，这些车型严格遵循新国标限速、限重、防火阻燃等安全要求，同时在智能化、轻 量化、长续航、时尚设计、舒适性等方面实现突破，精准满足城市通勤、家庭接送、休闲骑行等多元场 景需求。 为强化行业自我约束，20家电动自行车骨干企业发布《抵制行业不合规行为的公约》，郑重承诺：坚持 诚信经营、严格遵守标准、拒绝非法改装、主动接受社会监督。 工 ...

Core Insights - The export revenue of Qinghai Fudi Battery Co., Ltd. increased by 3.8 times to 2.99 billion yuan, with significant sales to countries along the Belt and Road and ASEAN markets [1][2][3] Group 1: Export Growth and Market Demand - By 2025, Qinghai Province's export growth is projected to reach 41.9%, with lithium batteries accounting for nearly half of the total export value [1] - The demand for lithium batteries in international markets, especially in Belt and Road countries, is increasing, leading to a surge in orders [3] Group 2: Technological Innovations - Fudi Company utilizes a stacking process for battery production, enhancing energy density and extending the range of electric vehicles, allowing the company to differentiate itself from competitors [2] - The company developed a high-temperature stable electrolyte formula after extensive testing, which improved battery performance in hot climates, contributing to over 170% sales growth in Thailand [2] Group 3: Logistics and Transportation Solutions - Traditional export methods were inadequate for timely delivery, prompting the company to seek optimized logistics solutions, including railway transport for lithium batteries [3][4] - Qinghai Province's customs have streamlined the process for hazardous goods packaging certification, enabling faster customs clearance for lithium battery exports [3] Group 4: Infrastructure and Support - In 2025, Qinghai Province is expected to operate 187 international freight trains, a 38.5% increase, facilitating access to Southeast Asia, Central Asia, and Europe [4] - The provincial government is focused on strengthening the lithium battery supply chain and enhancing the export of advanced manufacturing products [4]