（编辑：罗辑 审核：夏欣 校对：颜京宁） 中经记者 郭婧婷 北京报道 10月27日，中国证监会主席吴清在2025金融街论坛上表示，在风险再定价、资产再平衡过程中，稳健性 和均衡性日益成为资产配置的优先选项。在此过程中，A股、港股等中国资产持续被重估，配置价值更 加显现。 ...

10月27日，中国证监会主席吴清在2025金融街论坛上表示，今日将发布加强资本市场中小投资者保护的 若干意见，围绕强化发行上市、退市等过程中的投资者保护，营造更加公平的交易环境，提升行业机构 的客户服务水平，推进证券期货纠纷多元化解机制建设等中小投资者重点关切，推出23项务实举措，不 断扎牢织密投资者保护"安全网"。 （编辑：罗辑 审核：夏欣 校对：颜京宁） 中经记者 郭婧婷 北京报道 ...

10月27日，中国证监会主席吴清在2025金融街论坛上表示，支持北京国家金融管理中心建设，更好地服 务于建设金融强国，是证监会的重要责任，也是全面深化资本市场改革的重要契机。证监会将继续把北 京作为资本市场改革开放的重要窗口，充分发挥资本市场投资功能，推动更多先行先试政策在北京落 地。 中经记者 郭婧婷 北京报道 （编辑：罗辑 审核：夏欣 校对：颜京宁） ...

10月27日，中国证监会主席吴清在2025金融街论坛上表示，纵深推进板块改革，增强多层次市场体系的 包容性和覆盖面。明天科创板科创成长层将迎来首批新注册企业上市，试点引入资深专业机构投资者、 预先审阅等已经实施，改革效应正加快显现。 中经记者 郭婧婷 北京报道 （编辑：罗辑 审核：夏欣 校对：颜京宁） ...

中经记者 杜丽娟 北京报道 近日，第十二届中国旅游产业发展年会在辽宁沈阳举办。年会以"展望'十五五'——新起点 新机遇 新作 为"为主题，围绕振兴中国入境旅游、城市旅游发展新形势与新要求、星火大模型助力文旅场景等话题 进行探讨，多位产学研领域专家学者分享了实践经验。 中国社会科学院旅游研究中心主任宋瑞在年会上表示，编制"五年规划"是一个系统性工程，涉及发展规 划、专项规划、区域规划等内容。 在她看来，当前，"十五五"规划编制正处于关键时期。对于我国来说，未来五年是一个关键阶段。重点 体现在三个方面： 一是实现"2035年目标"的关键阶段。"十五五"时期，我国经济总量需至少保持年均4%的基本增速；"十 五五"是为"十六五"打基础的关键阶段，也是实现"十七五"目标的重要阶段。 二是迈入"高收入"国家的关键阶段。2023年，我国人均国民总收入为1.34万美元。综合考虑未来一段时 期我国实际经济增速、通货膨胀率以及世界平均的通货膨胀率，我国人均国民总收入水平或将在近年内 达到门槛值。 三是全面实现高质量发展的关键阶段。"十五五"时期，我国经济发展正处于以动力变革转换增长动力、 以效率变革优化经济结构、以质量变革转变发 ...

中经记者 谭志娟 北京报道 工业企业利润加快恢复。10月27日，国家统计局发布的数据显示，1—9月份，工业企业利润同比增长 3.2%，为去年8月份以来各月累计最高增速；较1—8月份加快2.3个百分点，呈现加快恢复态势。其中， 9月工业企业利润同比增长21.6%，较8月份加快1.2个百分点。 国家统计局工业司首席统计师于卫宁解读时表示，1—9月份，各地区各部门认真落实更加积极有为宏观 政策，培育壮大新经济增长点，高技术制造业、装备制造业等新质生产力较快增长，叠加低基数效应影 响，规模以上工业企业利润增速继续回升。 高技术制造业带动作用明显。来自国家统计局数据显示，1—9月份，规模以上高技术制造业利润同比增 长8.7%，较1—8月份加快2.7个百分点，拉动全部规模以上工业企业利润增长1.6个百分点。 （编辑：吴婧 审核：朱紫云 校对：颜京宁） 国家统计局数据显示，1—9月份，规模以上工业企业营业收入同比增长2.4%，较1—8月份加快0.1个百 分点。 梁婧对记者表示，这体现了企业无序竞争治理的效果，随着重点行业产能治理的推进，PPI降幅持续收 窄，9月份PPI同比下降2.3%，降幅较上月收窄0.6个百分点；同时， ...

Core Viewpoint - ST Lingnan is pursuing legal action against its former actual controller and current co-chairman, Yin Hongwei, for the recovery of misappropriated funds amounting to 142 million yuan, which has raised concerns about the company's financial stability and governance issues [2][3][5]. Financial Issues - The company reported cumulative losses exceeding 3.63 billion yuan over the past three years, with net losses of 1.55 billion yuan in 2022, 1.09 billion yuan in 2023, and 984 million yuan in 2024 [5][6]. - As of the end of 2024, ST Lingnan's accounts receivable stood at 2.26 billion yuan, indicating significant challenges in cash flow and collection [6]. Legal Proceedings - The case against Yin Hongwei has been officially accepted by the court, with the amount in question being 142 million yuan plus associated losses due to fund occupation [2][3]. - Yin Hongwei's personal assets are uncertain, raising doubts about the recovery of the owed amount [4][5]. Governance and Compliance - The company has faced scrutiny from the China Securities Regulatory Commission for suspected violations of information disclosure, which is believed to be linked to the fund misappropriation case [5]. - Internal control issues have been highlighted, with auditors issuing negative opinions on the company's internal controls due to the misappropriation of funds [3][5]. Shareholder Impact - Following the misappropriation, Yin Hongwei's shareholding has been significantly affected, with 208 million shares frozen and 100 million shares recently auctioned off, reducing his stake from 14.71% to 11.42% [4][5].

Core Points - Three companies, Bibit (688759.SH), Heyuan Bio (688765.SH), and Xi'an Yicai (688783.SH), are set to be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on October 28, marking the first batch of new listings since the launch of the Sci-Tech Growth Tier [1] - As of now, a total of 7.58 million investor accounts have opened trading permissions for the Sci-Tech Growth Tier, representing 126% of the active accounts among existing investors [1] - Following the release of the "1+6" policy reform for the Sci-Tech Board in June, 26 new companies have been accepted for listing, with 8 of them being unprofitable [1] - The first IPO application under the fifth set of listing standards, submitted by professional institutional investor Tianomaibo, was accepted on July 31 [1] - On September 26, the second IPO project under the restarted fifth set of listing standards, Anshi Bio, was accepted [1] - Companies such as Beixin Life, unprofitable company Moer Thread, and Angrui Micro have submitted registration on July 25, September 26, and October 15, respectively, under the fifth set of standards [1] - Unprofitable company Muxi Co. passed the listing committee review on October 24 [1]

Core Insights - The integration of artificial intelligence in education is becoming a focal point, with companies like Honghe Technology showcasing innovative products at the 86th China Educational Equipment Exhibition [1][2]. Group 1: Product Innovations - Honghe Technology launched the "Honghe Smart Eye" ecosystem, featuring products like the Honghe AI Smart Screen and comprehensive teaching solutions that cover both classroom and home environments [1]. - The "Honghe Smart Eye" platform analyzes student emotions, behaviors, and classroom focus, providing a comprehensive solution that includes emotional perception, behavior recognition, focus assessment, and emergency alerts [1]. - The Honghe AI Smart Screen is designed based on the "All In One" concept, integrating multiple AI applications to create a highly integrated smart classroom hub [2]. Group 2: Market Trends and Opportunities - The Ministry of Education's 2025 guidelines emphasize the need for digitalization in education, promoting lifelong learning resources that span various educational contexts [2]. - Honghe Technology is expanding its product applications from campus settings to after-school services and family education, aiming to serve a broader user base [3]. - The market for AI-enabled hardware products is currently valued in the hundreds of billions and continues to grow, indicating significant opportunities for companies in the AI and education sectors [3].

Core Insights - The collaboration between Dongfeng Motor Corporation and Huawei aims to accelerate the implementation of the DH project through deep technological integration and a mechanism for regular interaction [1][2] Group 1: Project Overview - The DH project was initiated in early 2023, with a strategic cooperation agreement signed between Dongfeng and Huawei in January 2025 [1] - The project has evolved to include a comprehensive strategic partnership, expanding into core technology areas such as Huawei's QianKun intelligent driving, Harmony cockpit, and QianKun vehicle control [1][2] Group 2: Collaboration Mechanism - A regular interaction mechanism will be established, including dedicated liaison teams for seamless daily communication and regular cross-domain coordination meetings to manage resource allocation and project goals [1] - The DH project team has achieved efficient collaboration across the entire process from R&D to market [1] Group 3: Product Development - The DH project products will feature Huawei's latest QianKun intelligent automotive solutions, making them among the most technologically integrated smart vehicles [2] - The collaboration is expected to inject new momentum into the intelligent transformation of the Chinese automotive industry [2]