Group 1 - Efort Intelligent Equipment Co., Ltd. is planning to acquire a stake in Shanghai Shengpu Fluid Equipment Co., Ltd. through a combination of issuing shares and cash payments [1][4] - Efort has announced a projected net loss of 450 million to 550 million yuan for the fiscal year 2025 [3][8] - The acquisition aims to enhance business synergy, although the company clarified that there is no direct connection between the acquisition and Shengpu's previous IPO withdrawal [5][6] Group 2 - Efort's financial performance has been declining, with revenues of 1.328 billion yuan in 2022, 1.886 billion yuan in 2023, and a projected 1.373 billion yuan in 2024, reflecting a decrease of 27.21% [7][8] - The company has reported continuous net losses, with a net loss of 1.73 billion yuan in 2022 and an expected loss of 4.5 billion to 5.5 billion yuan in 2025 [7][8] - Efort's revenue decline is attributed to a decrease in system integration business and challenges in overseas operations, including significant losses in its overseas system integration business [8][9]

日前，一份栖霞建设"以旧换新"活动的海报在南京当地楼市流传。据悉，栖霞建设拟收购客户旧房，而 旧房收购款项须用来购买栖霞建设旗下楼盘商品房。 中经记者 方超 石英婧 上海报道 栖霞建设开启2026年 以日报 第二次 收旧买新 安家无忧 "收旧买新"政策说明 活动期间,由栖霞建设收购客户旧房 旧房收购房款,须用于购买栖霞建设新建商品住房 旧房收购条件: 收购区域:南京主城六区(栖霞区/建邺区/鼓楼区/玄武区/泰淮区/南花区) 旧房要求:存量住房建筑年代应在2010年之后(含2010年),电梯房、房屋面积小于144平方米 一则南京市老牌国企南京栖霞建设股份有限公司（以下简称"栖霞建设"，600533.SH）直接回收二手房 的信息，成为当地楼市热议话题。 栖霞区置业人才专项支持 双重利好,叠加享受 1最高200万元人才购房补贴 2不少于5%的首付款专属折扣 信息来源:南京栖霞发布 三、卖旧实新 个税利好延续 出售住房后1年内再购新房 可依法享受个人所得税减免政策 2026年1月26日，栖霞建设旗下某项目销售人员韩科（化名）向《中国经营报》记者确认了上述活动的 真实性。其同时表示，该活动"相当于栖霞建设跟其工程方来收 ...

《中国经营报》记者梳理获悉，1990年，南山建区之初GDP约78亿元，到2005年已突破千亿元，2022年 成为广东省首个GDP超8000亿元城区，到2024年距离万亿GDP仅"一步之遥"，在2025年迎来历史性跨 越。 迈入"万亿俱乐部"后，南山区设定了2026年GDP增长5%以上的目标，将继续在固定资产投资、工业增 长等方面发力，追求"质的有效提升"。 （编辑：赵毅 审核：童海华 校对：翟军） 据介绍，2025年，南山区GDP预计超万亿元、增速超6%，高于全国、全省、全市；规上工业总产值突 破9000亿元，增加值增速与贡献率全市第一；固定资产投资1942亿元，增长0.6%，总量及贡献率全市 第一；社会消费品零售总额超1920亿元，增长6.8%，总额及贡献率全市第一；外贸进出口总额9419亿 元，其中出口总量全市第一。 "万亿城区"、中国百强区"九连冠"、创新百强区"八连冠"等一系列亮眼成绩，为南山高质量发展书写了 浓墨重彩的一页。"十四五"时期，南山以不足深圳全市1/10的土地贡献了全市超过1/4的经济产出。目 前，南山区上市公司已超200家，数量比肩一些省份。 中经记者 陈婷 赵毅 深圳报道 据新华社报 ...

Core Insights - The average annualized yield of commodity and financial derivative wealth management products significantly increased to 89.73% in January 2026, marking a rise of 13.83 percentage points from December 2025, reaching the highest level in nearly a year [1][2] Group 1: Yield Performance - In January 2026, the average annualized yields for commodity and financial derivative wealth management products over different periods were reported as follows: 89.73% (1 month), 51.31% (3 months), 56.72% (6 months), and 47.69% (1 year) [2] - The average annualized yield for equity wealth management products also saw a substantial increase, with yields of 38.92% (1 month), 22.86% (3 months), 28.82% (6 months), and 25.26% (1 year) [2] - The 1-month average annualized yield for equity products rose by 32.15 percentage points compared to December 2025, indicating a significant improvement [2] Group 2: Market Influence - The surge in yields for derivative and equity wealth management products is attributed to the strong performance of the A-share market, particularly the Shanghai Composite Index, which achieved a record 17 consecutive days of gains from December 17, 2025, to January 12, 2026 [4] - The trend indicates that since January 13, 2026, the Shanghai and Shenzhen indices have entered a consolidation phase, suggesting a likelihood of yield decline for these products in the short term [4] - Despite the short-term outlook, the long-term trend for A-shares remains unclear, with optimistic expectations suggesting that these products may continue to perform well, although it is unlikely to replicate the recent exceptional performance [4]

Core Viewpoint - The establishment of the joint venture Zhongjie Anruike and Hexagon Purus has led to the successful launch of China's first 20-foot Type IV hydrogen gas cylinder bundle container (MEGC), marking a significant advancement in domestic high-pressure hydrogen storage and transportation technology [1][2]. Group 1 - The 20-foot Type IV hydrogen MEGC is a benchmark product that integrates global technological resources with local manufacturing advantages, featuring a new load-bearing system design that enhances pressure capacity and structural stability while achieving extreme lightweight [1]. - The working pressure of the MEGC reaches 38 MPa, with a hydrogen storage capacity exceeding 1 ton for a 40-foot standard container, representing a significant leap in both storage capacity and transportation efficiency compared to traditional methods [1]. - The equipment complies with international standards such as ADR and TPED (2010/35/EU), and is adaptable for various transportation modes including road, rail, inland waterway, and maritime, catering to commercial applications requiring medium to long-distance and large hydrogen volumes [1]. Group 2 - Zhongjie Anruike leverages Hexagon Purus's over ten years of practical experience in composite material high-pressure hydrogen storage and the application validation of over 700 MEGC systems globally, combined with Zhongjie Anruike's extensive experience in the hydrogen equipment sector [2]. - The collaboration ensures comprehensive technical control from core components to system integration, achieving product performance and reliability that meet international leading standards [2].

其中，以泡泡玛特（09992.HK）为代表的龙头企业，在营收增长、全球扩张以及IP运营等方面构筑起 颇具行业标杆意义的案例；赛道上其他玩家如 52TOYS、名创优品（ 09896.HK）及其旗下的TOPTOY 等也通过渠道与产品进一步整合和创新，并企图走向港股市场竞争；与此同时，跨界选手如奇梦岛 （NASDAQ：HERE）通过收购IP及其工作室进军这一产业，不断扩大的中国市场也吸引了乐高这类跨 国企业加入。 在业内看来，资本市场对潮玩产业的偏好，在一定程度上加速了企业产品研发、渠道拓展和国际团队建 设的节奏。然而，当IP的火爆与否成为潮玩企业市值或估值的重要叙事要素时，也意味着，热门IP的补 位及内容生态建设成为这一行业面临的新挑战。 资本争相加注 中国潮玩赛道正在迎来"黄金年代"。 中经记者 黎竹 张靖超 北京报道 2025年，中国潮玩产业继续成为新消费领域最受关注的板块之一。随着资本市场对潮玩企业的持续热 捧、全球布局战略的深入推进，以及IP模式在商业化路径上的不断迭代，这一产业正从"潮流文化符 号"向"全球消费文化品牌"迈进。 从2025年年初至今，港股市场成为中国潮玩企业赴海外资本市场上市的重要战场， ...

针对高技术制造业利润增速较快的现象，张新原认为，这表明我国制造业转型升级成效显著。该领域受 益于政策重点支持、研发投入加大以及市场需求升级，尤其在智能消费设备、半导体、生物医药等细分 行业表现突出，成为拉动工业增长、提升价值链的关键力量。 苏商银行特约研究员付一夫也对记者表示，这体现了创新驱动发展战略的成效。细分领域中，智能消费 设备（如无人飞行器、智能车载设备）、半导体等行业利润增速突出，说明相关领域正成为经济增长的 新引擎；这既受益于消费升级与技术迭代带来的需求拉动，也离不开政策对研发投入和产业链协同的支 持。 中经记者 谭志娟 北京报道 2025年工业企业利润实现小幅增长。 2026年1月27日，国家统计局发布数据显示，2025年，全国规模以上工业企业利润比上年增长0.6%。其 中，12月份规模以上工业企业当月利润由11月份下降13.1%转为增长5.3%，增速回升18.4个百分点。 科方得咨询机构负责人张新原在接受《中国经营报》记者采访时表示，这反映出我国工业经济在结构调 整与政策支持下逐步企稳回升：一方面，宏观政策持续发力，稳定了市场需求和产业链供应链；另一方 面，企业通过技术创新与效率提升增强了盈利 ...

河南作为农业大省和全国重要的粮食生产核心区，食品产业是其重要的支柱产业。当前，该省正聚力打 造万亿级现代食品产业集群，目标是实现从"中原粮仓""国人厨房"到"世界餐桌"的跨越。 在2026年河南省两会期间，河南省人大代表、锅圈食品（上海）股份有限公司执行董事杨童雨继续关注 河南食品产业高质量发展。她认为，我省多数区域食品产业在产业链协同、品牌价值提升、科技创新转 化等方面仍有巨大提升空间。培育和发挥龙头企业的引领带动作用，对于推动产业高质量发展至关重 要。 《中国经营报》记者了解到，长期以来，河南都是农业大省，小麦产量、生猪饲养量均位居全国第一， 蔬菜产量和粮食总产量位居全国第二，肉蛋奶产量位居全国第三。 杨童雨表示，河南已形成规模庞大的食品工业体系，拥有超过6000家规模农产品加工企业。以漯河为代 表的食品名城集聚效应明显，吸引了众多国内外500强企业。 "然而，部分区域产业链内部衔接不够紧密，'集而不聚'现象依然存在，上下游企业间的技术共享、市 场联动不足，整体协同效应尚未完全发挥；同时，品牌矩阵初具，但国际影响力有待提升。相较于国际 食品巨头，豫企品牌的全球知名度、溢价能力和文化输出能力仍有较大差距；创 ...

Core Viewpoint - The company, Suzhou Green Control Transmission Technology Co., Ltd. (referred to as "Green Control Transmission"), is making a renewed attempt to enter the capital market by targeting the ChiNext board after previously withdrawing its application for the Sci-Tech Innovation Board. The fundraising amount has increased from 1.072 billion yuan to 1.58 billion yuan, supported by significant revenue and profit growth from 2022 to mid-2025 [1][2]. Financial Performance - Revenue is projected to grow from 712 million yuan in 2022 to 1.219 billion yuan in the first half of 2025, while net profit is expected to shift from a loss of 99.4282 million yuan to a profit of 68.2955 million yuan during the same period [1][3]. - The company attributes its performance improvement to national strategies promoting carbon neutrality, enhanced emission standards for traditional fuel vehicles, and technological advancements that lower costs and expand market opportunities [1]. Customer Dependency - The top five customers contribute approximately 60% of the company's revenue, indicating a high level of customer dependency [2][4]. - Major clients include industry giants SANY Group and XCMG Group, which together accounted for over 40% of revenue in 2024 [1][3]. Market Position - Green Control Transmission holds the leading market share in the new energy heavy-duty truck motor supply market from 2022 to 2024, benefiting from the strong sales performance of its major clients [4][5]. - The dual role of major clients as shareholders provides a stable sales channel but also poses risks related to customer concentration [4][5]. Accounts Receivable and Cash Flow - As of June 30, 2025, accounts receivable reached 833 million yuan, constituting 27.13% of total assets, which has more than doubled from 269 million yuan at the end of 2022 [2][6]. - The company has faced challenges with cash flow, reporting negative net cash flow from operating activities in multiple years, highlighting a discrepancy between revenue growth and cash generation [6][7]. Debt and Inventory - The company's short-term borrowings increased from 390 million yuan in 2022 to 587 million yuan in mid-2025, with total liabilities rising, leading to an increase in the debt-to-asset ratio from 69.54% to 73.41% [7]. - Inventory levels have also risen, reaching 613 million yuan by mid-2025, which may lead to liquidity issues and increased risks related to inventory depreciation [7][8]. IPO Plans - The company plans to raise 1.58 billion yuan through its IPO, with 1.38 billion yuan allocated to expand production capacity for new energy commercial vehicle drive systems [8].

日前，中邮理财发布代销合作公告，与包括北京中关村银行、梅州农商银行等在内的60家国有大行、股 份行及中小地方银行签订代销协议。渤银理财近日也宣布，与厦门银行签署代销协议。农银理财日前也 发布公告称，与赣州银行已签订《理财产品代理销售服务合同》，主要内容为农银理财委托赣州银行代 理销售农银理财管理发行的理财产品。 联合智评在理财代销周报中指出，截至2026年1月10日—16日，共有31家理财公司共拓展代销渠道2422 家，较2026年1月3日—1月9日增加2家。 实际上，自2025年以来，理财公司拓展跨行代销方面热度持续上升。银登中心最新发布的《中国银行业 理财市场年度报告（2025年）》（以下简称《报告》）显示，2025年，理财公司持续拓展母行以外的代 销渠道，已开业的32家理财公司中，1家理财公司的理财产品仅由母行代销，31家理财公司的理财产品 除母行代销外，还打通了其他银行的代销渠道。2025年12月，全市场有593家机构跨行代销了理财公司 发行的理财产品，较2025年年初增加31家。 中经记者 秦玉芳 广州报道 不过，在娄飞鹏看来，当前理财公司拓展中小银行代销面临产品适配难、风控标准不一、服务协同弱等 ...