Group 1: New Technologies and Products - The Thunderbird X3 Pro system allows consumers to make payments by simply looking at a payment code, enabling hands-free transactions [1] - The Wan AIChef ultra from Wandercook simplifies cooking through smart recognition and precise temperature control, enhancing user experience [1] - Various companies showcased innovative products at the Shenzhen Industrial Exhibition, revitalizing traditional industries and gaining market recognition [1] Group 2: Feiya's Brand Strategy - Feiya's strategy focuses on high-end branding, leveraging its unique IP in the aerospace sector and being the sole supplier of astronaut watches in China [2] - The company aims for over 15% of sales from aerospace-related products in 2024, with over 20 themed stores opened to enhance brand value [2] - Feiya has invested over ten years in addressing chip shortages, achieving breakthroughs in domestic mechanical movements, with prices for some watches exceeding 10,000 yuan [2] Group 3: Feiya's Value Chain and Technology - Feiya covers the entire value chain from R&D to sales, utilizing AI to overcome industry-specific challenges in watch manufacturing [3] - The development of a machine recognition timing detection system has reduced misjudgments by over 60% and improved efficiency by over 100% [3] Group 4: Thunderbird's Market Position - Thunderbird Innovation's partnership with Ant Group led to the launch of the world's first AI glasses supporting "Alipay tap to pay," enhancing user convenience [4] - The company has established a strong presence in over 25 countries, achieving significant sales and brand recognition [4] - According to Counterpoint Research, Thunderbird's AR glasses are projected to capture a 39% market share by Q2 2025, making it the global leader [4] Group 5: Wandercook's Product Launch - Wandercook's wan AIChef ultra debuted at the IFA exhibition, recognized for its innovative design and technology [5] - The product serves as a smart hub for health management, offering personalized cooking experiences through advanced temperature control [5] - Since its launch in May, the wan AIChef ultra has sold over 3,000 units and is set to be showcased at the CES electronics show [5]

Group 1: Consumer Market Performance - The consumer market in Shenzhen showed strong performance during the National Day and Mid-Autumn Festival holiday, with notable growth in automotive and gold consumption, as well as robust demand in dining, tourism, and cultural services [1][2] - Automotive sales revenue increased by 26.7% year-on-year, with new energy vehicles growing by 24.1%, driven by favorable policies such as tax exemptions and local consumption subsidies [1] - Jewelry sales revenue surged by 57.7% year-on-year, attributed to the traditional wedding season and rising gold prices [1] Group 2: Dining and Cultural Services - The dining industry experienced a significant increase in daily sales revenue, which rose by 58% year-on-year, with full-service dining growing by 73% and takeout services increasing by 62.8% [1] - Cultural and artistic services saw a year-on-year revenue growth of 2.7%, with performing arts services increasing by 3.9% and dance hall revenues skyrocketing by 6.2 times [2] - Sports services revenue surged by 113.3%, driven by high-profile sporting events and the upcoming 15th National Games [2] Group 3: Health and Transportation Services - There was a strong demand for food and health products, with bakery goods increasing by 2.2 times and nutritional supplements growing by 4.5% [2] - Passenger transport services showed remarkable growth, with daily sales revenue increasing by 4.1 times, particularly in land transport, which saw a 33.1 times increase in road passenger transport revenue [2] - Air transport revenue grew by 4.1% year-on-year, while water transport revenue increased by 1.3% [2]

去年9月，东方证券完成对东方证券承销保荐有限公司的吸收合并。自此，东方投行的存量客户与业务 整体迁移并入东方证券。然而，吸收合并后至今已满一年，最近一年公司已有11名保荐人被交易所自律 处罚，列入了保荐代表人分类名单C（处罚处分类）。 除了吕晓斌、李方舟，今年5月20日，东方证券卞进、梁军也收到北京证券交易所的自律处罚。卞进、 梁军被处罚的原因或与其保荐项目德耐尔IPO有关。此前，梁军还因保荐奥迪威而被自律处罚。德耐尔 业绩持续性及下滑风险、关联交易与同业竞争、销售收入核查充分性等方面情况受到监管关注。 北交所官网近日宣布，因未勤勉尽责，对东方证券（600958）及相关人员出具警示函。证券业协会数据 显示，最近一年多东方证券已有11位保荐人收到监管处罚。最近一年，东方证券保荐IPO项目29单，其 中有7单已撤回。记者就公司投行保荐人屡次被罚向公司发送采访问题，但截至记者发稿时，未能收到 公司回复。 今年9月，东方证券为大鹏工业出具了《发行保荐书》，其中签字保荐代表人为吕晓斌、李方舟，而这 两人此前已因被北交所自律监管而列入保荐代表人分类名单C（处罚处分类），因此有市场人士猜测此 次出具警示函或与此有关。 大鹏 ...

Core Viewpoint - The acquisition plan by Baicheng Co., Ltd. (601133) to purchase 55% of Shanghai Canxi Engineering Equipment Co., Ltd. has been terminated due to failure to reach agreement on key terms, leading to the end of the deal just 10 days after its announcement [1][5]. Group 1: Acquisition Details - Baicheng Co. announced the termination of the acquisition plan on October 10, 2023, which had been under consideration since September 30, 2023 [1]. - The company had previously signed an investment cooperation framework agreement with the sellers, which included specific pricing based on a report from a qualified assessment agency [5]. - The termination of the acquisition is stated not to adversely affect the company's business operations, financial status, or shareholder interests [5][6]. Group 2: Financial Performance - Baicheng Co. has experienced a decline in net profit, with a year-on-year decrease of 14.7% in 2023, followed by a further decline of 0.8% in 2024, and a continuation of this trend in the first half of 2025 [6][8]. - The company's revenue for the first half of 2025 was reported at 2.424 billion yuan, a decrease of 3.14% year-on-year, with a net profit attributable to shareholders of 83.4953 million yuan, reflecting a decline of 16.1% [8]. - The primary reason for the profit decline is attributed to an increase in bad debt provisions for contract assets, with asset impairment losses reaching 50.8 million yuan, a significant increase of 55% compared to the same period last year [8].

今年上半年，珀莱雅销售费用为26.59亿元，同比增长13.64%，占营业收入的49.59%。其中形象宣传推 广费增长14.48%，至23.99亿元。 公司称，销售费用的增加主要源于线上渠道扩张带来的平台服务费上升、新品推广力度加大，以及自建 MCN团队和内容营销团队的相关投入等。 去年珀莱雅继续蝉联最赚钱的国货美妆公司，成为首个跻身"百亿俱乐部"的国货美妆企业。需要注意的 是，2024年和2025年上半年的业绩面临增速放缓的挑战。 2021年至2024年，珀莱雅营业收入分别为46.33亿元、63.86亿元、89.05亿元、107.8亿元，同比分别增长 23.47%、37.82%、39.45%、21.04%；归母净利润分别为5.76亿元、8.17亿元、11.94亿元、15.52亿元， 同比分别增长21.03%、41.88%、46.06%、30.00%。 今年上半年，珀莱雅营收为53.62亿元，同比增长7.21%；归母净利润7.99亿元，同比增长13.80%，增速 降至近5年最低水平。上半年公司营收7.21%的增速较去年同期显著回落，净利润增速也从去年同期的 40.48%降至13.8%。 对于业绩增速放缓，珀莱雅 ...

Core Points - Vanke Enterprises announced the resignation of Chairman Xin Jie due to personal reasons, effective from October 12, 2025 [1][4] - Huang Liping has been elected as the new Chairman of the Board, with his term lasting until the end of the current board's tenure [4][5] Summary by Sections Resignation Announcement - Xin Jie submitted a written resignation report to the board, stating he will no longer hold any position within the company after his resignation [1][4] - His resignation will not affect the board's operational capacity or the company's daily operations, as it does not reduce the number of board members below the legal requirement [4] New Chairman Appointment - Huang Liping, born in 1968, is currently a board member and serves as the Deputy Secretary of the Party Committee and General Manager of Shenzhen Metro Group [4] - Huang has a strong academic background with a Bachelor's and Master's degree in Engineering from Tongji University and holds the title of Senior Engineer [4] - He voluntarily waived any director's remuneration from the company and has no other positions within the company or its subsidiaries [5]

10月12日，中国高速传动发布措辞强硬的公告，严正谴责大股东丰盛控股两日前发布的"澄清"公告"充 斥虚假、不实及误导性陈述"，并指对方"一再无理攻击"公司经独立调查程序得出的结论。 核数师更替问题亦成为"战场"。中国高速传动解释，委任国卫会计师事务所有限公司系为确保2025年度 经审核财报按时披露，"避免停牌或除牌风险"，过程已征询法律意见，"完全符合章程及上市规则"。 值得一提的是，中国高速传动翻出旧账，指丰盛控股曾在2025年6月公开感谢退任核数师"双方无分 歧"，却在股东周年大会上"无解释地否决续聘"，态度前后矛盾。 对于丰盛控股提出在即将举行的股东特别大会上罢免多数董事，并计划"在营运附属公司层面委任更多 人才"，中国高速直斥其"或属进一步企图隐匿丰盛控股及其关连人士及实体之不当行为，从而损害本公 司及全体股东之整体利益"。 公告末尾，中国高速传动透露，董事会正联同法律顾问积极考虑一切可行方案，以保障本公司及全体股 东的利益。如有需要，将适时作出进一步公告。 据悉，双方围绕66.4亿元附属公司应收及预付款、南京高速章程修订、核数师委任及董事会改组等议题 的拉锯，进一步升级。 中国高速传动在公告中连用" ...

据公开信息，西部利得基金管理层中，于2015年11月加入的孙威曾在光大证券任职，目前任总经理助 理、财富管理部（筹）总经理，曾任公司副总经理，长期主管专户业务与产品设计部门。公司副总经 理、投资决策委员会主席、公募投资部总经理王宇曾任光大证券金融市场总部债券投资部执行董事，于 2016年9月加入西部利得基金。王汗青曾任光大证券股份销售交易部北京市场部总经理、北京分公司总 经理、研究所所长、上海分公司总经理等职务；他于2024年8月加入西部利得基金，今年被任命为公司 副总经理。 【深圳商报讯】（记者 詹钰叶）西部利得基金总经理贺燕萍因到龄正式退休，由董事长代为履职。市 场高度关注继任者是否会影响管理层与投研团队的稳定性。 西部利得基金10月10日宣布，其总经理贺燕萍因到龄退休，已于10月4日离任。公开信息显示，贺燕萍 具有25年以上证券从业经历，曾任光大证券销售交易部总经理、光大证券（上海）资产管理有限公司总 经理、国泰基金副总经理等。她于2015年11月起担任西部利得基金总经理，在其领导下，公司规模从不 到百亿元突破至如今的千亿元，用时不到10年。 贺燕萍离任同日，董事长何方代任总经理一职。他具有大股东西部证 ...

值得一提的是，在当月备案产品不少于5只的27家私募机构中，管理规模在百亿元以上的机构有16家， 50亿元至100亿元区间的有4家，合计占比超过七成。此外，在上述27家私募机构中，量化私募有15家， 显示出量化策略在当前市场环境下的持续吸引力。其中，茂源量化、北京博润银泰司、海南进化论等多 家量化私募9月份的产品备案数量均不少于10只。 对此，融智投资FOF基金经理李春瑜认为，头部私募的备案优势本质上是资源集聚的体现。百亿级私募 在投研实力、风控体系与品牌信誉方面更具竞争力，更易获得渠道与资金认可；同时，具备"主观+量 化"或纯量化能力的头部机构能够通过策略迭代快速适应市场变化。 【深圳商报讯】（记者 陈燕青）随着9月A股走高，私募新发产品的热情也在升温。根据私募排排网统 计，9月份共有1028只私募证券基金完成备案，同比大增171%。由此不难看出，资金对私募产品的配置 热情持续回暖。 从一级策略类型来看，股票策略类私募基金依然占据主导地位。9月份备案的股票策略产品数量达到668 只，占当月备案总量比例超六成；多资产策略产品紧随其后，备案数量为155只；债券策略和期货及衍 生品策略产品备案数量相近，分别为71只 ...

据深圳市邮政管理局公布的最新数据，目前深圳市已建成快递无人机运营基地8个，配备无人机175架， 配送站点60个，开通航线449条；同步开通深圳至珠海、中山和东莞的跨城跨海航线，实现同城2小时、 跨城3小时送达；货运无人机每日飞行超1000架次，日均运输快件2万票。 （文章来源：深圳商报） ...